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Axon Industries needs to raise $29.31M for a new investment project. If the firm issues one-year debt, it may haveto pay an interest rate of

Axon Industries needs to raise $29.31M for a new investment project. If the firm issues one-year debt, it may haveto pay an interest rate of 10.38 %, although Axon's managers believe that 4.85 % w...

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