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Assuming a tax rate of 30%, the after-tax cost of interest expense of $400,000 is: Multiple Choice $120,000. $280,000. $400,000. $240,000.
Assuming a tax rate of 30%, the after-tax cost of interest expense of $400,000 is:
Multiple Choice
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$120,000.
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$280,000.
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$400,000.
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$240,000.
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