= (c) The company will need to raise around 30m to finance this capital expenditure programme. Financial
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(c) The company will need to raise around €30m to finance this capital expenditure programme. Financial expense before this capital expenditure programme amounts to €1.6m, and Schmidheiny is planning to finance its new requirements using debt exclusively (average interest rate: 10% before tax). What is your view of the debt policy the company intends to pursue?
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Related Book For 
Corporate Finance Theory And Practice
ISBN: 9781118849330
4th Edition
Authors: Pierre Vernimmen, Pascal Quiry, Maurizio Dallocchio, Yann Le Fur, Antonio Salvi
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