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A firm incurs $60,000 in interest expenses each year. If the tax rate of the firm is 30%, what is the effective after-tax interest rate

A firm incurs $60,000 in interest expenses each year. If the tax rate of the firm is 30%, what is the effective after-tax interest rate expense for the firm? O A. $29.400 O B. $33,600 OC. $42,000 O D. $48,300 Click to select your

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