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

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8.2 Calculate the effective (after-tax) cost of debt for Wallace Clinic, a for-profit healthcare provider, assuming that the interest rate set on its debt is 11 percent and its tax rate is set at the following levels: a. 0 percent b. 25 percent c. 40 percent

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