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Company X pays interest to the amount of R1 200 a year on total liabilities of R10 000. It can also issue bonds with a

Company X pays interest to the amount of R1 200 a year on total liabilities of R10 000. It can also issue bonds with a YTM of 8%. What will the relevant before tax cost of debt be when calculating that WACC for the company? a. 8% b. 9% c. 12% d. 15%

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