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Before-tax cost of debt for a company is 5.07%, while the after-tax cost of debt is 4.08%. What is the company's tax rate, in %,

Before-tax cost of debt for a company is 5.07%, while the after-tax cost of debt is 4.08%. What is the company's tax rate, in %, to the nearest percent? (Drop the % symbol when recording the answer.)

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