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Equator Refining, an Indonesian energy company headquartered inSurabaya, decides to borrow US$40 million for a period of 12 monthsat an annual rate of 11.5%. What

Equator Refining, an Indonesian energy company headquartered inSurabaya, decides to borrow US$40 million for a period of 12 monthsat an annual rate of 11.5%. What is the cost of this debt inIndones 2 answers

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