2. An overview of a firm's cost of debt ho The before tax cost of debt is the interest rate that a firm pays on any new debt financing Omd after tax cost of debt Spany (OCP) can borrow funds at an interest rate of 730% for a period of eight years. Its marginal federal-plus-state tax rate before-tax cost of debt bst of debt is 5.48% (rounded to two decimal places). At the present time, Omni Consumer Products Company (OCP) has 20 year noncalable bonds with a foce value of $1,000 that are outstanding. These bonds have a current market price of $1,382.73 per bond, carry a coupon rate of 13%, and distribute annual coupon payments. The company Incursa tederal plus-state tax rate of 25%. 11 OCP wants to issue new debt, what would be a reasonable estimate for its after tax cost of debt crounded to two decimal places)7 (Note: Round your YTM rate to two decimal place) O 6,64% 7.97% 7.64% 5.99 The before-tax cost of debt is the interest rate that a firm pays on any new debt financing Omni Consumer Products Company (OCP) can borrow funds at an interest rate of 7.30% for a period of eight years. Its marginal federal-plus-state tax rate is 25%. OCP's after tax cost of debt is 5.18% (rounded to two decimal places). At the present time, Omni Consumer Products Company (OCP) has 20-year noncallable bonds with a face value of $1,000 that are outstanding. These bonds have a current market price of $1,382.73 per bond, carry a coupon rate of 13%, and distribute annual coupon payments. The company incurs a federal-plus-state tax rate of 25%. If OCP wants to issue new debt, what would be a reasonable estimate for its after-tax cost of debt (rounded to two decimal places)? (Note: Round your YTM rate to two decimal place.) 6.64% 07.97% 0 7.64% 5.98