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If the nominal interest rate for bank overdraft is 7.82%, compounded quarterly, what would be the after-tax cost of Bank Overdraft? Assume a tax rate

If the nominal interest rate for bank overdraft is 7.82%, compounded quarterly, what would be the after-tax cost of Bank Overdraft? Assume a tax rate of 30%. (Write the answer in decimal form, using properly-rounded to 4-decimal places. For example, if the answer is 12.34%, write 0.1234)

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