6) US Treasury Bond Rates (%) 5-year 10 year 30-year 6 1.00 200 3.00 Income statement (thousands) Interest expense 500 EBIT 1,000 Pre-tax income 500 Income tax expense 125 Equity Statistics Market cap (billions) Beta Market risk premium N8 2 5% Balance sheet (thousands) Net debt 10,000 Total debt 12,000 Based on the above data, the tax rate is closest to: A) 25% B) 20% C) 30% D) 40%