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Base interest rate

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Base interest rate

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The first is the base interest rate, which has averaged 5.
Due to the higher weighted average of outstanding borrowings during 2006 as compared to 2005 and an increase in the underlying base interest rate, consolidated interest expense increased from $15.
Due to the higher weighted average of outstanding borrowings during 2006 as compared to 2005 and an increase in the underlying base interest rate, interest expense increased from $14.
 
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