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  "documentTitle": "Pershing Square Holdings Portfolio (multi-position) (PSH)",
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  "authorName": "William Ackman",
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      "text": "Laddered maturities from 2027 to 2039 are well matched with PSH’s long-term investment horizon; Weighted-average maturity of 7 years; weighted-average cost of capital of 3.1%",
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      "text": "Long-Term Debt Financing Strategy",
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