Question: Answers pre selected may not be right, I need confirmation on what the right answer is! Cold Duck Brewing Company can issue a 30-year debt

Answers pre selected may not be right, I need confirmation on what the right answer is!
Cold Duck Brewing Company can issue a 30-year debt security that pays an annual coupon payment of $100. The bond carries a par value of $1,000 and is currently trading at par. Based on this information, determine the after-tax cost of Cold Duck's debt if the firm's marginal federal-plus-state tax rate is 35%. Cold Duck Brewing Company's after-tax cost of debt (rounded to four decimal places) is: 5.8500% 7.1500% 6.5000% 5.2000% 0 O Cold Duck's CFO has pointed out that if these new bonds are issued, the company will incur a flotation cost of 1%. Remember these flotation costs will be from the proceeds the firm receives from the sale of its new bonds. Calculate the company's after-tax cost of debt net of the issue's flotation costs. If Cold Duck issues its new bonds and incurs flotation costs of 1%, then its adjusted (net) after-tax cost of debt (rounded to four decimal places) will be: 0 6.5696% 7.8000% 07.1500% 0 6.8250% This is the cost of debt, and it is different from the average cost of capital raised in the past
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