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-/3 Question 7 of 30 View Policies Current Attempt in Progress a corporation issued $6840000 in bonds which pay 5% annual interest, what is the

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-/3 Question 7 of 30 View Policies Current Attempt in Progress a corporation issued $6840000 in bonds which pay 5% annual interest, what is the annual net cash cost of this borrowing if the Income tax rate is 30%? O $342000 O $239400 O $102600 O $3420000 Save for Later Attempts: 0 of 1 used Submit

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