Salalah Malls has taken a loan of one million on which it pays an interest of 7%. If the current tax rate 35%. What is the firm's after-tax cost of 'debt :Select one .A. 4.42 B. None of theos C.3.50 D. 4.55

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Salalah Malls has taken a loan of one million on which it pays an interest of 7%. If the current tax rate 35%. What is the firm's after-tax cost of 'debt :Select one .A. 4.42 B. None of theos C.3.50 D. 4.55
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