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Business, 20.12.2019 19:31 casaescuelarios

Titania inc. is borrowing money from wells fargo to finance the construction of a new plant in wisconsin. the bank will loan them $1,518,207 at 10% interest per year, compounded monthly. find the after tax cost (effective yearly percentage rate) of raising capital by using this loan if the corporate tax rate is 30%?

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