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The bank has determined the following loan amounts for your company and the interest rates on the loans as follows: If your marginal tax rate
The bank has determined the following loan amounts for your company and the interest rates on the loans as follows: If your marginal tax rate is 21%, what is your weighted average cost of borrowing? a. 10.3% b. 11.5% c. 14.3% d. 6.3%
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