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Self-Study Problem 13.02 Your answer is partially correct. Oriole Comics, Inc., has borrowed $125 million and is required to pay its lenders $13 million in

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Self-Study Problem 13.02 Your answer is partially correct. Oriole Comics, Inc., has borrowed $125 million and is required to pay its lenders $13 million in interest this year. If Oriole is in the 35 percent marginal tax bracket, then what is the after-tax cost of debt (in dollars as well as in annual interest percentage) to Oriole? (Round answers to 2 decimal places, e.g. 15.25 or 15.25%.) In Dollars In Percentage After-tax cost of debt 878,800 6.76 milliion

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