(9-2), of Debt LL Incorporated's currently outstanding 11% coupon bonds have a yield to maturity of 8%. LL believes it could issue new bonds at par that would provide a similar yield to maturity. If its marginal tax rate is 35%, what is LL's after-tax cost of debt? (9-3 Duggins Veterinary Supplies can issue perpetual preferred stock at a price of $50 a d Stock share with an annual dividend of $4.50 a share. Ignoring flotation costs, what is the company's cost of preferred stock, rps