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A company has earnings before interest and taxes of $2150215. They have annual interest charges on the long-term debt of 5468300. Based on their interest

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A company has earnings before interest and taxes of $2150215. They have annual interest charges on the long-term debt of 5468300. Based on their interest coverage ratio, what will be the pretax cost of new long term debt for them? Government bonds are currently yielding 2.14. (One decimal place.) If interest coverage ratio is sto Rating is Spread is 3 4.249999 A3/A- 1.33% 4.25 5.499999 A2/A 1.18% 5.5 6.499999 A1/A+ 1.07% 6.5 8.499999 Aa2/AA 0.85% 8.50 100000 Aaa/AAA 0.69% Answer Check

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