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QUESTION 5 Not complete0.00 points out of 1.00P Flag question Estimating Cost of Debt Capital Assume that a company's financial statements report that its average
QUESTION 5 Not complete0.00 points out of 1.00P Flag question Estimating Cost of Debt Capital Assume that a company's financial statements report that its average outstanding debt totals $1.7 billion, and its total interest expense equals $119 million. If its tax rate is 35%, compute its cost of debt capital Round answer to two decimal places (ex: 0.02345-2.35%) 0 X% Check
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