Outstanding debt balance of 220m based on a cash rate of 4
Auto Ltd. has a cash balance of $60m and an outstanding debt balance of $220m. Based on a cash rate of 4% and 8% interest rate on loans, what is Auto Ltd.' cost of debt? (Round to one decimal places)
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auto ltd has a cash balance of 60m and an outstanding debt balance of 220m based on a cash rate of 4 and 8 interest
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