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A company with a tax rate of 40% borrows $100M from lender A at a cost of 8% and $300M from lender B at a
A company with a tax rate of 40% borrows $100M from lender A at a cost of 8% and $300M from lender B at a cost of 6%. What is the firms aggregate cost of borrowing (a) before taxes; and (b) after taxes?
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Essentials Of Real Estate Finance
Authors: Doris Barrell
15th Edition
1475462077, 978-1475462074
