Finance firm expansion, Renee’s Boutique, Inc., needs to

Finance firm expansion

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Reference no: EM131875366

Renee’s Boutique, Inc., needs to raise $58.17 million to finance firm expansion. In discussions with its investment bank, Renee’s learns that the bankers recommend a debt issue with an offer price of $1,000 per bond and they will charge an underwriter’s spread of 8.5 percent of the gross price.

Reference no: EM131875366

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Finance firm expansion : Renee’s Boutique, Inc., needs to raise $58.17 million to finance firm expansion.

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