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Your company pays 8 . 6 8 % on short - term debt, 6 . 2 5 % on long - term debt, and 8
Your company pays on shortterm debt, on longterm debt, and on any additional longterm debt it raises through its AFN program.
If your company currently has $ million in shortterm debt, $ million in longterm debt, and plans to raise $ million AFN, what will the total interest expense be in dollar amount for the year?
Note: your answer should be in millions of dollars.
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