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  3. consider the following information: interest paym

Consider the following information: Interest payments 2017: 2% 2018: 3% 2019: 4% Taxes...

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Finance

Consider the following information:

Interest payments 2017: 2% 2018: 3% 2019: 4%

Taxes paid 2017: 20% 2018: 22% 2019: 18%

Calculate the cost of debt.

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