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63 . Oberon Inc . has a $20 million ( $1000 face value ) 10 - year bond issue selling for 99% of par that

63 . Oberon Inc . has a $20 million ( $1000 face value ) 10 - year bond issue selling for 99% of par that pays an annual coupon of 7 259 6 . What would be Oberon's before - tax component cos of deb A . 6 . 120 % B . 7 020% C. 7 . 40 % 8.15 %

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