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please help me uderstand if i should agree or disagree with the statement below, im confused on the statement, please explain so i can understand

please help me uderstand if i should agree or disagree with the statement below, im confused on the statement, please explain so i can understand thoroughly.

"If a company has to pay interest of 14% on long-term debt, then its cost of capital is 14%." Do you agree? Explain why you agree or disagree.

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