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D=R-(Rx T) or D= Rx (1-T) Assume that Bob's Sporting Store borrows $100,000 at an interest rate of 7% and has a marginal tax rate

D=R-(Rx T) or D= Rx (1-T)
Assume that Bob's Sporting Store borrows $100,000 at an interest rate of 7% and has a marginal tax rate of 40%. What will their actual cost of debt be?
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D=R(RT)orD=R(1T) Assume that Bob's Sporting Store borrows $100,000 at an interest rate of 7% and has a marginal tax rate of 40%. What will their actual cost of debt be

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