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Colter Steel has exist4, 600.000 in assets. Assume the term structure of interest rates becomes inverted, with short-term rates going to 14 percent and long-term

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Colter Steel has exist4, 600.000 in assets. Assume the term structure of interest rates becomes inverted, with short-term rates going to 14 percent and long-term rates 3 percentage points lower than short-term rates. Earnings before interest and taxes are exist980, 000. The tax rate is 30 percent

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