Calculate the aftertax cost of debt under each of the following conditions. (Do not round intermediate calculations.
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Question:
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.12.0% 26%%
b.12.6% 40%%
c.10.4% 30%%
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