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Calculate the effective (after-tax) cost of debt for High Point Family Clinic, a for-profit healthcare provider, assuming that the interest rate set on its debt

Calculate the effective (after-tax) cost of debt for High Point Family Clinic, a for-profit healthcare provider, assuming that the interest rate set on its debt is 13.5 percent and its tax rate is set at 25. Express the answer as a whole number with up to two decimal places(such as 15.62), do not include % sign.

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