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13. Yoyo Company issued a 25-year non-callable bond, five years ago. It pays semi-annual coupons with a coupon rate of 18% and has a current

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13. Yoyo Company issued a 25-year non-callable bond, five years ago. It pays semi-annual coupons with a coupon rate of 18% and has a current market price of $2,695.90 now. If the firm's tax rate is 40%, what is the component cost of debt that is used in the WACC calculation? 0 2.38% 2.86% 3.12%. 0 2.69% 1.43%

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