Question 11 0.813 points Save Answer Lo Venus Corporation is considering issuing long term debt. The debt would have a 20-year maturity and an 8 percent coupon rate. In order to sell the issue, the bonds must be underpriced at a discount of 4 percent of face value, In addition, the firm would have to pay flotation costs of 3.5 percent of tace value. The firm's tax rate is 20 percent. Given this information, the after tax cost of debt for Venus would be GOV a 78% b.8.8% Oc 74% d. 8.2% e. 7.0%