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4) Calculate the effective (after-tax) cost of debt for Wallace Clinic, a for-profit healthcare provider, assuming that interest rate set on its debt is 15%

4) Calculate the effective (after-tax) cost of debt for Wallace Clinic, a for-profit healthcare provider, assuming that interest rate set on its debt is 15% and its tax rate is:

a. 0%

b. 20 %

c. 40 %

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