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i am stuck on the following problem. here is a pic of the problem.
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Explanation & Answer
a) | Cash flow associated with bond | (90,000) |
b) | Cash flow associated ISSUE OF STOCK | 95,000 |
c) Cash flow from financing activities | ||
Cash flow from repayment of bond | (90,000) | |
Cash flow from issue of stock | 95,000 | |
Cash flow from payment of divident | (30,000) | |
Net cash outflow | (25,000) |
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