FINS Can CHOUSE IV pay common dividends before the due preferred divid are completely paid. 6. Which statement is correct about the financial market? (A) Both IPOs and seasoned offerings are issued in the primary market. (B) IPOs are issued in the primary market; Seasoned offerings are issued in both primary and secondary market. (C) The NYSE is a primary market. (D) NASDAQ and AMEX are primary markets. 7. If before (corporate) tax cost of debt is 10%, and corporate tax rate is 40%. What is the after-tax cost of debt? Ignore the flotation cost. 7. If before (corporate) tax cost of debt is 10%, and corporate tax rate is 40%. What is the after-tax cost of debt? Ignore the flotation cost. (A) 6% (B) 4% (C) 10% (D) 14%