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Investigate a recent company merger or take-over and: i) Critically evaluate the means by which managers may determine the bid price in such acquisitions. (You should use the b
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Definition of Cost of DebenturesThe effective rate that a company pays on its current debt. This can be calculated in either before- or after-tax returns; though, because interest expense is deductible, the after-tax cost is seen most often. This is one part of the capital structure of a company, which also includes the cost of equity.
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