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Under normal circumstances, the after-tax cost of debt is less than which of the following? A. B. C. The after-tax cost of debt is less

Under normal circumstances, the after-tax cost of debt is less than which of the following?

A.

B.

C.

The after-tax cost of debt is less than both A. and B.

D.

The after-tax cost of debt is less than neither A. nor B.

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