(91) After-Tax Cost of Debt Calculate the after-tax cost of debt under each of the following conditions:...

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After-Tax Cost of Debt Calculate the after-tax cost of debt under each of the following conditions:

a. Interest rate of 13%, tax rate of 0%

b. Interest rate of 13%, tax rate of 20%

c. Interest rate of 13%, tax rate of 35%

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Financial Management Theory And Practice

ISBN: 9781439078105

13th Edition

Authors: Eugene F. Brigham, Michael C. Ehrhardt

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