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Glenmark has a debt equity ratio of 0.40 and its WACC is 15.04% with a tax rate of 15% Calculate its after tax cost of

Glenmark has a debt equity ratio of 0.40 and its WACC is 15.04% with a tax rate of 15% Calculate its after tax cost of debt if the cost of equity is 18%. (Show your answers in percentage and do not include the percentage symbol)

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