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From the following information, calculate the weighted average cost of debt: Market Value Book Value After-tax Cost Debentures Mortgage Loan Bonds $19.5 million $5 million

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From the following information, calculate the weighted average cost of debt: Market Value Book Value After-tax Cost Debentures Mortgage Loan Bonds $19.5 million $5 million $8.2 million $19 million $5 million $6 million 6.7% 15.3% 9.8%

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