Harpers Dog Pens, Inc. with the help of its investment bank, recently issued $193.7 million...
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Harpers Dog Pens, Inc. with the help of its investment bank, recently issued $193.7 million of new debt. The offer price on the debt was $1,000 per bond and the underwriters spread was 6 percent of the gross proceeds.
Calculate the amount of capital funding Harpers Dog Pens raised through this bond issue. (Enter your answer in dollars not in millions.)
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