Principles of Managerial Finance, Student Value Edition Plus NEW MyLab Finance with Pearson eText -- Access Card Package (14th Edition)
Principles of Managerial Finance, Student Value Edition Plus NEW MyLab Finance with Pearson eText -- Access Card Package (14th Edition)
14th Edition
ISBN: 9780133740912
Author: Lawrence J. Gitman, Chad J. Zutter
Publisher: PEARSON
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Chapter 9.2, Problem 9.5RQ
Summary Introduction

To discuss:

The net proceeds from the sale of a bond and effects of floatation cost on it.

Introduction:

Bond is an important financial debt instrument which is issued to meet the long term capital requirements of firms. The net proceeds of a bond are defined as the funds that the firms receive from the sale of a bond. Floatation cost is the cost that includes the underwriting charges and brokerage fees involved in issuing and selling of bonds. .

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Principles of Managerial Finance, Student Value Edition Plus NEW MyLab Finance with Pearson eText -- Access Card Package (14th Edition)

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