Compute the Weighted Average Cost of Debt on an after-tax basis. State in percent format to the nearest basis point but omit the % sign. Hence, 23.567% would be written as 23.57 for this answer.

Millions Market Value 382,051.00 Millions Book Value 80,925.00 Walmart Equity 60 Month Beta (per Yahoo Finance) 65 Fair Value Millions $ 35,816 1,800 Effective Interest Rate 3.90% 2.90% Unsecured debt Fixed Variable Secured debt Dollar Based Fixed Rate Secured debt Euro Based Fixed Rate Secured debt British Pound Based Fixed Rate 2,870 3.30% 3,524 5.40% 1,651 1.80% Effective Income Tax Rate for Walmart 24.70% Millions Market Value 382,051.00 Millions Book Value 80,925.00 Walmart Equity 60 Month Beta (per Yahoo Finance) 65 Fair Value Millions $ 35,816 1,800 Effective Interest Rate 3.90% 2.90% Unsecured debt Fixed Variable Secured debt Dollar Based Fixed Rate Secured debt Euro Based Fixed Rate Secured debt British Pound Based Fixed Rate 2,870 3.30% 3,524 5.40% 1,651 1.80% Effective Income Tax Rate for Walmart 24.70%