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What is the relationship between the after-tax cost of debt and the before-tax cost? a-The after-tax cost of debt is more than the before-tax cost

What is the relationship between the after-tax cost of debt and the before-tax cost?

a-The after-tax cost of debt is more than the before-tax cost

b-The after-tax cost of debt is less than the before-tax cost of debt

c-The after-tax cost of debt is equal to the before-tax cost of debt

d-It depends on the firm. Sometimes the after-tax is more than the before-tax cost and sometimes less

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