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Interest rate is 12% and tax savings (1-0.40) then after-tax component cost of debt will be 7.2% 7.2 times 17.14 times US $17.14
Interest rate is 12% and tax savings (1-0.40) then after-tax component cost of debt will be
| 7.2% | ||
| 7.2 times | ||
| 17.14 times | ||
| US $17.14 |
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Personal Finance
Authors: Jeff Madura
6th Edition
0134082915, 9780134082912
