Solution-Percent and the tax rate is 21 percent

Percent and the tax rate is 21 percent

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Calculate the after-tax cost of debt if an interest rate is 3 percent and the tax rate is 21 percent. Express your answer in percentage (without the % sign) and round it to two decimal places.

Reference no: EM132348681

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Percent and the tax rate is 21 percent

Reference no: EM132348681

Reference no: EM132348681

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