Calculate the after-tax cost of debt

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Calculate the after-tax cost of debt under each of the following conditions:

Interest rate of 8%; tax rate of 0%. Round your answer to two decimal places.

%

Interest rate of 8%; tax rate of 20%. Round your answer to two decimal places.

%

Interest rate of 8%; tax rate of 30%. Round your answer to two decimal places.

%

Reference no: EM13723913

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