Genetech has $4,000,000 in assets. You have decided to finance 30% with long-term financing (9% rate) and

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Genetech has $4,000,000 in assets. You have decided to finance 30% with long-term financing (9% rate) and 70% with short-term financing (7% rate). Assuming a tax rate of 21%, what will your annual interest costs be after taxes?

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Financial Analysis with Microsoft Excel

ISBN: 978-1285432274

7th edition

Authors: Timothy R. Mayes, Todd M. Shank

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Posted Date: May 08, 2023 12:20 AM

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Genetech has $4,000,000 in assets. You have decided to finance 30% with long-term financing (9% rate) and

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The amount of longterm financing will be 4000000 x ... View the full answer

Financial Analysis with Microsoft Excel

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