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Calculate the aftertax cost of debt under each of the following conditions. (Do not round intermediate calculations. Input your answers as a percent rounded to

Calculate the aftertax cost of debt under each of the following conditions.(Do not round intermediate calculations. Input your answers as a percent rounded to 2 decimal places.)

Yield Corporate Tax Rate Aftertax Cost of Debt

a.8.0% 18% %

b.12.0% 34% %

c.10.6% 15% %

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