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Business, 19.08.2021 22:40 JOEFRESH10

Pharoah Inc. is considering two alternatives to finance its construction of a new $2.00 million plant. (a) Issuance of 200,000 shares of common stock at the market price of $10 per share. (b) Issuance of $2,000,000, 7% bonds at face value.

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