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QUESTION 25 Assume: A before-tax cost of debt of 8% 40% Marginal tax rate What is the after tax cost of debt? A. 3.2% B.
QUESTION 25
Assume:
A before-tax cost of debt of 8%
40% Marginal tax rate
What is the after tax cost of debt?
A. 3.2%
B. 4.8%
C. 13.33%
D. 20%
E. None of the above
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