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E:2Calculate the aftertax cost of debt under each of the following conditions. (Do not round intermediate calculations. Input your answers as a percent rounded to

E:2Calculate the aftertax cost of debt under each of the following conditions.(Do not round intermediate calculations. Input your answers as a percent rounded to 2 decimal places.)

YieldCorporate

Tax RateAftertax Cost of Debt

a.9.0%23%%

b.9.5%25%%

c.7.5%30%%

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