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16. Accruals are considered: a. adjustable rate debt since a varying rate of interest is paid on them. b. expensive debt since high rates of
16. Accruals are considered: a. adjustable rate debt since a varying rate of interest is paid on them. b. expensive debt since high rates of interest are paid on them c. cheap debt since low rates of interest are paid on them. d. free debt since no interest is paid on them. e. fixed-rate debt since a constant rate of interest is paid on them
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