If a company is borrowing funds @ 10% and the tax rate is 30%; the after-tax cost of debt is only

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Question:
If a company is borrowing funds @ 10% and the tax rate is 30%; the after-tax cost of debt is only

1.10%

2.3%

3.20%

4.7%

Posted Date:-2021-02-22 08:13:15


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