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Petra, Inc. paid $30,000 in interest expense on its long-term debt. If Petra's marginal tax rate is 34%, what was the after-tax cost of this

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Petra, Inc. paid $30,000 in interest expense on its long-term debt. If Petra's marginal tax rate is 34%, what was the "after-tax cost" of this interest expense? (round to the nearest dollar) O $19,800 O $10,200 O $19.925 $30,000

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