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The after-tax cost of debt for a firm, which has a marginal tax rate of 28% is correctly calculated at 6%. Calculate the before-tax cost

The after-tax cost of debt for a firm, which has a marginal tax rate of 28% is correctly calculated at 6%. Calculate the before-tax cost of debt. a. 6.0% b. 7.7% c. 10.0% d. 8.3%

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