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A company has the following information listed: Interest Rate: 8.5% Tax Rate: 40.0% What is its tax-adjusted interest rate %? Enter 1 decimal and do

A company has the following information listed:

Interest Rate: 8.5%

Tax Rate: 40.0%

What is its tax-adjusted interest rate %? Enter 1 decimal and do not enter the "%" sign; for example, 23.44% would be entered as 23.4.

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