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Company Z took out a construction-specific 10%, 4-year note of $400,000. They also had existing debt. The first is a 5%, 10-year bond of $1,000,000.

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Company Z took out a construction-specific 10%, 4-year note of $400,000. They also had existing debt. The first is a 5%, 10-year bond of $1,000,000. The second is a 6%, 6-year note of $700,000 Compute the weighted average interest rate the company needs to use in the computation of avoidable interest. O 5.5% O 10% O 6.33% 5.41%

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