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Given a 10% before-tax cost and a 40% marginal tax rate, the relevant after-tax cost of debt is? Remember: Kd=Kdbt X (1-the tax rate) =

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Given a 10% before-tax cost and a 40% marginal tax rate, the relevant after-tax cost of debt is? Remember: Kd=Kdbt X (1-the tax rate) = after tax cost of debt A. 10% B. 6% C. 8% D. Not enough information is given

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