Question: Question 11 6 points Save Answ Tyler Inc. issued a noncallable bond several years ago to finance a new project. Now the bond has 15

Question 11 6 points Save Answ Tyler Inc. issued a noncallable

Question 11 6 points Save Answ Tyler Inc. issued a noncallable bond several years ago to finance a new project. Now the bond has 15 years to maturity. The bond has a 7.5% annual coupon rate, makes semiannual coupon payment, sells at a price of $1,050, and has a par value of $1,000. If the corporate tax rate is 35%, what is the after-tax cost of debt for use in the WACC calculation? a. 5.33% O b.5.08% O c. 4.35% Od 4.52% Oe. 4.83%

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