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25-02-2021
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Textile Mills borrows money at a rate of 8.7 percent. This interest rate is referred to as the Multiple Choice compound rate. current yield. cost of debt. capital gains yield. cost of capital.

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ayfat23 ayfat23

02-03-2021

Answer:

cost of debt.

Explanation:

The cost of debt can be regarded as rate in which firm pay back her debts or loans. It is among the capital structure of the company.

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