assume a not for profit company has $10 million of long term tax exempt debt...
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Accounting
assume a not for profit company has $10 million of long term tax exempt debt with an interse rate of 4.5 % . the organization has $ 7 million of net assets wothout do or restrictions ,with an estimated cost of 6 % and 7% return an assets ( cost of capital ). It is the weighted average cost of captial?
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