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Company A, a low-rated firm, desires a fixed-rate, long-termloan. Company A currently has access to floating interest ratefunds at LIBOR+1.25% and its direct borrowing cost

Company A, a low-rated firm, desires a fixed-rate, long-termloan. Company A currently has access to floating interest ratefunds at LIBOR+1.25% and its direct borrowing cost is 10.25% in thefixed-ra 2 answers

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