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If the before-tax cost of debt is 12 % for a firm which has a 40 % marginal tax rate. The after-tax cost of debt

If the before-tax cost of debt is 12 % for a firm which has a 40 % marginal tax rate. The after-tax cost of debt is: O a. 4.8%. O b. 12 %. O c. O d. 7.2 %. 6.0 %

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