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Business, 11.03.2020 02:44 jocelynm0611

Deep Mines has 43,800 shares of common stock outstanding and a market price of $51 a share. The semiannual bonds have a face value of $1,000 and are selling at 96 percent of par. There are 5,000 bonds outstanding. What is the market value of debt?

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Deep Mines has 43,800 shares of common stock outstanding and a market price of $51 a share. The semi...
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