Question: please give the answer & the units Question 11 (0.2 points) A firm has $4 Billion in debt outstanding with a yield to maturity of

please give the answer & the units please give the answer & the units Question 11 (0.2 points) A

Question 11 (0.2 points) A firm has $4 Billion in debt outstanding with a yield to maturity of 5%. The firm pays taxes at the rate of 32%. What is the firm's effective (after-tax) cost of debt? [Enter your answer as a percentage rounded to two decimal places.] Your Answer: Answer units

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