Harperrsquos dog pens inc with the help of its investment, Ask an Expert

Finance

Harper’s Dog Pens, Inc., with the help of its investment bank, recently issued $199.9 million of new debt. The offer price on the debt was $1,000 per bond and the underwriter’s spread was 5 percent of the gross proceeds.

Calculate the amount of capital funding Harper’s Dog Pens raised through this bond issue.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91617995

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