Pr 11-2 P 11-3 Pr 11-4 Pr 11-5 Pr 11-6 Pr 11-9 Pr 11-10 Pr 11 Block 15e Pr 11-4 Problem 11-4 Aftertax cost of debt [LO3] Telecom Systems can issue debt yielding 9 percent. The company is in a 30 percent bracket. What is its aftertax cost of debt? (Input your answer as a percent rounded to 2 decimal places) Input variables: Y is yield Cost of debt 0.09 Kd-Y(I-T) Ts coorate tax rate Tax rate 0.30 Solution and Explanation: Aftertax cost of debt