Business Studies, asked by shikhamittal921, 10 months ago

cost of debt is 12% and tax rate 40%. Compute the cost of debt after tax

Answers

Answered by limjhernest

1

Answer:

16.8%

Explanation:

1) 12/100=0.12

2) 0.12*40=4.8

3) 12+4.8=16.8

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