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If a corporation issued $9,000,000 in bonds which pay 9% annual interest, what is the annual net cash cost of this borrowing if the income

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If a corporation issued $9,000,000 in bonds which pay 9% annual interest, what is the annual net cash cost of this borrowing if the income tax rate is 25%? A. $810,000 B. $607,500 C. $202,500 D. $9,000,000

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