Brianna Ltd is considering these two alternatives to finance its construction of a new $3 million factory:

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Brianna Ltd is considering these two alternatives to finance its construction of a new $3 million factory:

(a) Issue 600 000 shares at the market price of $5 per share.

(b) Issue $3 million, 6% unsecured notes at face value. Complete the table and indicate which alternative is preferable.

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Financial Accounting Reporting Analysis And Decision Making

ISBN: 9780730313748

5th Edition

Authors: Shirley Carlon, Rosina Mladenovic Mcalpine, Chrisann Palm, Lorena Mitrione, Ngaire Kirk, Lily Wong

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