Question: Question 6 4 points Save Answer Glenmark has a debt equity ratio of 0.40 and its WACC is 10.329% with a tax rate of 30%,

Question 6 4 points Save Answer Glenmark has a debt equity ratio of 0.40 and its WACC is 10.329% with a tax rate of 30%, Calculate its after tax cost of debt if the cost of equity is 12.5% (Show your answers in porcentage and do not include the percentage symbol.)

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