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Telecom Systems can issue debt yielding 9 percent. The company is in a 35 percent bracket. What is its aftertax cost of debt? (Input

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Telecom Systems can issue debt yielding 9 percent. The company is in a 35 percent bracket. What is its aftertax cost of debt? (Input your answer as a percent rounded to 2 decimal places.) Aftertax cost of debt %

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