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Which one of the following will decrease the after-tax cost of debt for a firm? changing the firm's bond rating from A to B an

Which one of the following will decrease the after-tax cost of debt for a firm? changing the firm's bond rating from A to B an increase in the risk-free rate of return an increase in tax rates an increase in the risk level of the firm

changing the firm's bond rating from A to B

an increase in the risk-free rate of return

an increase in tax rates

an increase in the risk level of the firm

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