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Consider the borrowing costs faced by the following three companies: c Fixed 5.0% 6.0% 7.0% Floating LIBOR + 0.6% LIBOR + 1.3% LIBOR + 2.5%

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Consider the borrowing costs faced by the following three companies:

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c Fixed 5.0% 6.0% 7.0% Floating LIBOR + 0.6% LIBOR + 1.3% LIBOR + 2.5%

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