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What is the after-tax cost of debt for a firm in the 30% tax bracket that pays 12% on its debt? A. 5.25% B. 8.40%
What is the after-tax cost of debt for a firm in the 30% tax bracket that pays 12% on its debt?
A. 5.25%
B. 8.40% C. 9.75% D. 12.17% E. 20.25%
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