littlecedrick4928 littlecedrick4928

14-03-2024
Business

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Southern Belle, Inc., a software engineering firm, is considering adding debt to their capital structure. Currently, the value of Southern Belle is 12,500,000 and they are all-equity financed. The CFO would like to issue debt; specifically, 6,000,000 worth of bonds. This debt is permanent. The interest on the bonds would be set at 8

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