#9 BC Brewery BC Brewery issues \\( \\$ 50 \\) million in...
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#9 BC Brewery 
BC Brewery issues \\( \\$ 50 \\) million in straight bonds at an original issue discount of \1 and a coupon rate of \7.5. The firm also pays underwriting fees of \3.5 on the face value of the bonds. What are the net proceeds to BC Brewery from the bond issue? 1) \\( \\$ 49.5 \\) million 2) \\( \\$ 50 \\) million 3) \\( \\$ 47.75 \\) million 4) \\( \\$ 48.25 \\) million
#9 BC Brewery
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