1. Brahtz Corporation has $178 million dollars of interest-bearing debt outstanding at the end of fiscal 2017 year. In addition, the company incurred $21 million dollars of interest expense in 2017. If the company has a marginal tax rate of 35% calculate Brahtz's cost of debt capital. Select one: O a. 4.1% b. 7.7% c. 8.7% d. 11.8%

Erahtr Corporation has 5178 million dollars of interest bearing debt outstanding at the end of fiscal 2017 yeari in addition, the company incurred 521 million dollars of interest expense in 2017. If the company has a marginal tax rote of 35% calculate Brahce's cost of debt captal. Select one: a. 4.1% b. 7.74 cis.8h d. 11.8%