Debt of tion 59,000 bonds with a 5.0% coupon rate, payable annually, 15 years to maturity,...

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Debt of tion 59,000 bonds with a 5.0% coupon rate, payable annually, 15 years to maturity, selling at $1,050 per bond. Common Stock Preferred Stock 554,000 shares of common stock outstanding. The stock sells for a price of $76 per share and has a beta of 1.20. 215,000 preferred shares outstanding, currently trading at $70.00 per share; with an annual dividend payment of $5.20, Market The market risk premium is 13% and the risk free rate is 4% Tax Rate 26% Time lef What is the before tax cost of debt (Rd)? (Answer as a percentage and round to 2 decimals) O a. 1.17% O b. 1.94 % O c. 6.38 % O d. 4.53 % O e. 8.28% Debt of tion 59,000 bonds with a 5.0% coupon rate, payable annually, 15 years to maturity, selling at $1,050 per bond. Common Stock Preferred Stock 554,000 shares of common stock outstanding. The stock sells for a price of $76 per share and has a beta of 1.20. 215,000 preferred shares outstanding, currently trading at $70.00 per share; with an annual dividend payment of $5.20, Market The market risk premium is 13% and the risk free rate is 4% Tax Rate 26% Time lef What is the before tax cost of debt (Rd)? (Answer as a percentage and round to 2 decimals) O a. 1.17% O b. 1.94 % O c. 6.38 % O d. 4.53 % O e. 8.28%