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To assess the funding alternatives , WE need to understand how each option will affect the firm 's credit rating . Calculate Nokia's Future credit

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To assess the funding alternatives , WE need to understand how each option will affect the firm 's credit rating . Calculate Nokia's Future credit rating and the resulting borrowing rate and credit Metrics IEBIT interest coverage and Debt /EBITDA ration under the downside scenario assuming that Nokia, alternatively , does one of the following : ISSUES E 4. ] E Of long-term debt in the beginning Of 2012 Raises* 4. 3 B in Equity at a price Of E4 per share in the beginning of 2012 Eliminates it's dividends for 2012 and 2013 starting in the beginning of 2012 $1 Decreases cash to meet the funding needs in the beginning of 2012 and 2013

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