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A firm has a pre-tax cost of debt of 4.6 percent. The firm's corporate tax rate is 21 percent. What is the firm's after-tax cost

A firm has a pre-tax cost of debt of 4.6 percent. The firm's corporate tax rate is 21 percent. What is the firm's after-tax cost of debt? Answer in percent to 2 decimal places and do not include the % sign. For example, if the return is 2.04%, you should enter 2.04 as the answer.

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