2. The examination consists of questions on a total of 6 Parts, inclnding cover page. Please cnstar a complete examination lefore starting. 38 39 Cost of Debt 40 Total Debt 41 E Fective Tax Rate 10.520% 42 - Effective Tax Rate 43 Note Rate 2.830% 44 Risk Free Rate 2.877% 45 Debt Adjustment. Factor 1.330 Total Pre-Tax Cost of ST Debt Total Pre-Tax Cost of LT Debt Total Pre-Tax Cost of Debt Cost of Debt 49