If a company has to pay interest of 14% on long-term debt, then its cost of capital

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If a company has to pay interest of 14% on long-term debt, then its cost of capital is 14%. Do you agree'.' Explain.

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Introduction To Managerial Accounting

ISBN: 9780073048833

3rd Edition

Authors: Peter Brewer, Ray Garrison, Eric Noreen

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