Question: Question 4 (2 points) Alberta Energy issues $85 million in straight bonds at par with a coupon rate of 6.5%. The firm also pays underwriting

Question 4 (2 points) Alberta Energy issues $85 million in straight

Question 4 (2 points) Alberta Energy issues $85 million in straight bonds at par with a coupon rate of 6.5%. The firm also pays underwriting fees of 3.5% on the face value of the bonds. What are the net proceeds to Alberta Energy from the bond issue? $80 million $79.5 million $ $76.5 million $85 million $82 million

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