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Calculate the after-tax cost of debt under each of the following conditions: (a) Interest rate of 9%, tax rate of 0%. Round to two decimal

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

(a) Interest rate of 9%, tax rate of 0%. Round to two decimal places.

(b) Interest rate of 9%; tax rate of 15%. Round to two decimal places.

(c) Interest rate of 9%; tax rate of 40%. Round to two decimal places.

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