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10. Company A issued debt five years ago at a cost of 8%. It can issue debt today at 5% since interest rates have come

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10. Company A issued debt five years ago at a cost of 8%. It can issue debt today at 5% since interest rates have come down. What is the cost of debt for Company A? a) 8% b) 5% c) 3% (8%-5%) d) 13% (8% +5%) Ans

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