Question: I1 . 4. The data below show the rates at which firm X and firm Y can borrow in the fixed- and variable-rate debt markets.

I1 . 4. The data below show the rates at which firm X and firm Y can borrow in the fixed- and variable-rate debt markets. Debt markets Firm X Firm Y Fixed-rate funds 12.00% 14.00% Variable-rate fund...

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