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Posted: June 15th, 2022
overhead slam tennis shoppes has a new project that will require the companyto borrow eight,700,00 overhead has made an settlement with three lenders for the wanted financing. residents financial institution will lend 2,000,000 and needs eight% curiosity on the mortgage guests’ financial institution will lend four,250,000 and needs 10% curiosity on the mortgage. folks’s financial institution will lend 2,450,000 and needs 11% curiosity on the mortgage. if all of those rates of interest are after-tax, what’s the weighted common price of capital for this project.
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