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Green Luanch Inc. uses notes payable for short-term funding, on which bankers charge around 4.6% interest. The company's tax rate is around 36%. What is
Green Luanch Inc. uses notes payable for short-term funding, on which bankers charge around 4.6% interest. The company's tax rate is around 36%. What is the estimated after tax short term debt for the company? (Express your answer in % and round to the second decimal place. For example, if your answer is 0.1234, write it as 12.34 and leave out the percentage sign.)
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