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If a corporation issued $10260000 in bonds which pay 5% annual interest, what is the annual net cash cost of this borrowing if the income
If a corporation issued $10260000 in bonds which pay 5% annual interest, what is the annual net cash cost of this borrowing if the income tax rate is 30%?
| $5130000 |
| $513000 |
| $153900 |
| $359100 |
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