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Cadbury plc is a global confectionery company. Cadbury is forecasting its financial statements for ...

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Cadbury plc is a global confectionery company. Cadbury is forecasting its financial statements for ...

Cadbury plc is a global confectionery company. Cadbury is forecasting its financial statements for Year 9. Selected financial information for Years 7 and 8 is provided in the table. What is the interest expense for Year 9? (Assume that Cadbury's average cost of debt is 3%.)

Selected Financial Information

Cadbury Inc. (£ millions)

	Year 7	Year 8
Short Term Debt	£2,562	£1,189
Long Term Debt	2,551	1,973
Interest Expense		153

▸ £36

▸ £59

▸ £63

▸ £95

▸ £110

Textbook

Corporate Finance Online

Edition: 2^nd

Authors: Eakins, McNally

Read 60 times

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adegob Author

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Smart ... Thanks!

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