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Calculate the after-tax cost of debt under each of the following conditions: Interest Rate Tax Rate After-Tax Cost 11% 44% ? 5% 15% ? 22%

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

Interest Rate

Tax Rate

After-Tax Cost

11%

44%

?

5%

15%

?

22%

25%

?

Interest Rate

Tax Rate

After-Tax Cost

11%

44%

nothing%

(Round to two decimal places.)

5%

15%

nothing%

(Round to two decimal places.)

22%

25%

nothing%

(Round to two decimal places.)

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