Calculate the after-tax cost of debt under each of the


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

Interest rate of 11%; tax rate of 0%. Round your answer to two decimal places.

%

Interest rate of 11%; tax rate of 20%. Round your answer to two decimal places.

%

Interest rate of 11%; tax rate of 40%. Round your answer to two decimal places.

 

%

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Financial Management: Calculate the after-tax cost of debt under each of the
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