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Calculate the after-tax cost of debt under each of the following conditions: a- Interest rate, 13 percent; tax rate, 5 percent. b- Interest rate, 13

Calculate the after-tax cost of debt under each of the following conditions:

a- Interest rate, 13 percent; tax rate, 5 percent.

b- Interest rate, 13 percent; tax rate, 15 percent.

c- Interest rate, 13 percent; tax rate. 18 percent.

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