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Carnival Corp. borrowed $1.25 billion this. year , for which they will pay 8.8% interest anvally. Last year, their 10-k report showed that they had
Carnival Corp. borrowed $1.25 billion this. year , for which they will pay 8.8% interest anvally. Last year, their 10-k report showed that they had 81.6 billion in interest expense on outstanding debts. What will be the new ammount of interest expense that they will have to pay this year? Assume that no outstanding debts were paid off during the current year
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