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3.9.4 DUMBA Inc. has fixed operating costs of $2.6 million and its variable cost ratio is .30. It has $4 million in bonds outstanding with

3.9.4 DUMBA Inc. has fixed operating costs of $2.6 million and its variable cost ratio is .30. It has $4 million in bonds outstanding with a coupon rate of 12%. It has 1 million shares of $1.75 prefer...

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