Question: Below the correct answer is chosen, however I struggled with finding the cost of debt. Please help me with finding Rd without using an excel

Below the correct answer is chosen, however I struggled with finding the cost of debt. Please help me with finding Rd without using an excel formula. Either a finc. calculator or by hand please!

Assume the company's tax rate is 32 percent. Find the WACC. Multiple Choice 11.81%

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