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MANAGEMENT Time left 0:54:10 Hamid Bhd needs to raise funding of RM3,000,000. He may raise through debt funding which will cost the company 7 percent

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MANAGEMENT Time left 0:54:10 Hamid Bhd needs to raise funding of RM3,000,000. He may raise through debt funding which will cost the company 7 percent or via issuing common stock at a cost of 10 percent. If the company's average tax rate is at 30%, what is the after-tax cost of each of them? a. debt: $147,000; common stock: $210,000 O b. debt: $210,000; common stock: $300,000 O c. debt: $210,000; common stock: $210,000 Od. debt: $147,000; common stock: $300,000 19 Finis

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