14. Problem 9-09 (Bond Yield and After-Tax Cost of Debt) eBook Bond Yield and After Tax Cost of Debt A company's 4 coupon rate, semiannual payment. $1,000 par value bond that matures in 20 years sells at a price of $604.14. The company's federal.plus-state tax rate is 25% What is the firm's after-tax component cost of debt for purposes of calculating the WACCP (Hint: Base your answer on the nominal rate) Round your answer to one decimal place %