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The before tax cost of debt for a firm which has a marginal tax rate of 30% is 12%.? Therefore the cost of debt that

The before tax cost of debt for a firm which has a marginal tax rate of 30% is 12%.? Therefore the cost of debt that should be used in calculating the cost of capital for capital budgeting purposes is: a. 3.6% b. 6% c. 8.4% d. 30%

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