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The after - tax cost of debt for a firm which has a marginal tax rate of 4 0 % , is 6 % .

The after-tax cost of debt for a firm which has a marginal tax rate of 40%, is 6%.
Calculate the before-tax cost of debt.
a.
8.1%
b.
10.0%
c.
6.0%
d.
9.2%

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