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QUESTION
What will the Net Price be if floatation costs are 10.5% of the market price?
What will the Net Price be if floatation costs are 10.5% of the market price? The Market Price is $1,320.89The Par Value of the Bond is $1000.00The Coupon Rate is 14%The Required Rate of Return is 9%They need to raise $5000.00
