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YourBusiness Ltd has $8M of long term debt that was borrowed at the fixed rate of 9.52% pa. The rate in the market for this
YourBusiness Ltd has $8M of long term debt that was borrowed at the fixed rate of 9.52% pa. The rate in the market for this type of debt is now 7.21% pa. Calculate the Market Value of the debt correct to the nearest WHOLE dollar
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