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Problem 11-4 Aftertax cost of debt [LO11-3] Telecom Systems can issue debt yielding 5 percent. The company is in a 30 percent bracket. What is

Problem 11-4 Aftertax cost of debt [LO11-3] Telecom Systems can issue debt yielding 5 percent. The company is in a 30 percent bracket. What is its aftertax cost of debt? (In your answer as a percent rounded to 2 decimal places.) Artax cost of debt

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