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If the cost of debt for Sohar Textiles is 8.9% (effective rate) and its tax rate is 35% then what is the after tax

If the cost of debt for Sohar Textiles is 8.9% (effective rate) and its tax rate is 35% then what is the after tax cost of debt? Select one: O a. None of the options O b. 0.05785 c. 0.02175 d. 0.01175 e. 0.09175

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