P 11-3 Pr 11-4Pr 11-5 Pr 11-6 Pr 11-9 Pr 11-10 Pr 11-13 Pr Problem 11-6 Aftertax cost of debt LO3] Calculate the aftertax cost of debt under each of the following conditions. Yield Corporate Tax Rate a. b. 8.0% 9.0% 8.0% 26% 35% 0% (Do not round intermediate calculations. Input your answers as a percent rounded to 2 decimal places) Input variables: a. Yield a. Tax rate b. Yield b. Tax rate c. Yield c. Tax rate 0.08 0.26 0.09 0.35 Y is yield T is coporate tax rate 0.08 Kd-Y(1-T) Solution and Explanation: Aftertax cost of debt b. Aftertax cost of debt Aftertax cost of debt