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Problem 11-5 Aftertax cost of debt (LO11-3] Calculate the aftertax cost of debt under each of the following conditions. (Do not round intermediate calculations. Input

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Problem 11-5 Aftertax cost of debt (LO11-3] Calculate the aftertax cost of debt under each of the following conditions. (Do not round intermediate calculations. Input your answers as a percent rounded to 2 decimal places.) Yield Aftertax Cost of Debt Corporate Tax Rate 11 % 25 % a. 5.0 % b. b. 7.0 % % c. 6.4 % 21 % %

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