michaelscott8238 michaelscott8238
  • 08-12-2022
  • Business
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Penny arcades, incorporated, is trying to decide between the following two alternatives to finance its new $35 million gaming center: issue $35 million, 7% note. Issue 1 million shares of common stock for $35 per share with expected annual dividends of $2. 45 per share.

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