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6. A company issued its 10% irredeemable debentures at 95. The current market price is 90. The company is paying corporation tax at a rate

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6. A company issued its 10% irredeemable debentures at 95. The current market price is 90. The company is paying corporation tax at a rate of 20%. What is the current post-tax cost of capital per annum of these debentures? A 8.00% B 8.89% 10.0% 10.89% D

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