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Question 11 (3 points) Suppose the real risk free rate of interest is 3%, maturity risk premium is 2%, inflation premium is 6%, the default

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Question 11 (3 points) Suppose the real risk free rate of interest is 3%, maturity risk premium is 2%, inflation premium is 6%, the default risk on similar debt is 3%, and the liquidity premium is 2%. What is the nominal interest rate on this venture's debt capital? 13% 14% 15% 17% 16%

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