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Based on the debt rating of a firm's bonds, it is determined that the firm has a debt beta of 0.35 with the market. The

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Based on the debt rating of a firm's bonds, it is determined that the firm has a debt beta of 0.35 with the market. The risk free rate is 1.2% and the market risk premium is 10.4%. Use CAPM to estimate the firm's debt cost of capital. 0 5.711% 0 4.840% 0 4.550% 5.130% 5.421%

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