A CORPORATION HAS $5,000,000 OF 10 PERCENT BONDS AND $3,000,000 OF 12 PERCENT OF PREFERRED STOCK. THE FIRMS FINANCIAL BREAK EVEN (ASSUMING 40 PERCENT TAX RATE) IS?,,1. 860K,2. 716K,3. 1.4MIL,4. 1.1MIL,,
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