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What is nomad cash conversion cycle

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-Nomad Products has an inventory turnover of seven times per year, a receivables turnover of ten times, and a payables turnover of fifteen times. To the nearest day, what is Nomad's cash conversion cycle?

-Redwood Company needs to raise $18,000,000 for a new project. It can sell new bonds for a price of $1,000. The underwriting spread and out-of-pocket expenses for the bond offering will total 4%. In order to raise the needed funds, Redwood wants to know how many bonds it would have to issue if it chooses a bond offering. What is the number of bonds that would have to be issued by Redwood to raise its required proceeds?

Reference no: EM132726083

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