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4 points Save Answer Glenmark has a debt equity ratio of 0.40 and its WACC is 12 47% with a tax rate of 35%. Calculate

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4 points Save Answer Glenmark has a debt equity ratio of 0.40 and its WACC is 12 47% with a tax rate of 35%. Calculate its after tax cost of debt if the cost of equity is 12% (Show your answers in percentage and do not include the percentage symbol.)

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