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Business, 03.12.2019 22:31 milkshakegrande101

Exercise 11-19 cullumber company is considering these two alternatives for financing the purchase of a fleet of airplanes. 1. issue 57,500 shares of common stock at $42 per share. (cash dividends have not been paid nor is the payment of any contemplated.) 2. issue 12%, 10-year bonds at face value for $2,415,000.

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