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    Contemporary Financial Management Study Set 1
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    Exam 20: A: Financing with Derivatives
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    In Bond Refunding Analysis the Is Believed to Be the Most
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In Bond Refunding Analysis the Is Believed to Be the Most

Question 17

Question 17

Multiple Choice

In bond refunding analysis the is believed to be the most appropriate discount rate.


A) after-tax cost of new debt
B) firm's marginal cost of capital
C) weighted average cost of capital
D) both b and c

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