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Problem 7:
Company XYZ issues bonds with a face value of $200,000 and a stated interest rate of 6%. Calculate the annual interest expense if the bonds pay interest semi-annually.
Problem 8:
Calculate the debt-to-equity ratio for a company with total liabilities of $400,000 and total equity of $300,000.
Problem 9:
A company purchases a building for $500,000 and incurs $50,000 in renovation costs. Calculate the total cost of the building.

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