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A corporation issues $250,000 of 10-year, 8% bonds at 104. What is its total cost of borrowing? O $190,000 $210,000 $25,000 $250,000 O $200,000

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A corporation issues $250,000 of 10-year, 8% bonds at 104. What is its total cost of borrowing? O $190,000 $210,000 $25,000 $250,000 O $200,000

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