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DEF has an aftertax cost of debt of 6 percent. With a tax rate of 33 percent, what can you assume the yield on the

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DEF has an aftertax cost of debt of 6 percent. With a tax rate of 33 percent, what can you assume the yield on the debt is? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) 1) 8.96% 2) 9.96% 3) 8.5% 4) 7.85% 5) 8%

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