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The after tax cost of debt on a 7 % $ 1 9 4 , 9 2 6 loan given a 2 3 % interest

The after tax cost of debt on a

7 %

194, 926

loan given a

23 %

interest subsidy tax

C

atte $ would be: Enter the answer with two decimals. For example if the answer is

10.82 %

enter

10.82

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