Avicorp has a $10.6 million debt issue outstanding, with a 6.1% coupon rate. The debt has semiannual coupons, the next coupon is due in six months, and the debt matures in five years. It is currently priced at 96% of par value. Concerning Avicorp's pre-tax cost of debt, please select all the choices that are true. The 6-month YTM on the bond is less than 3%. The effective annual return (EAR) is less than 7%. The pre-tax cost of debt is around 3.4137% every 6 months, or 6.9439%. The cost of debt is the yield-to maturity on the outstanding debt issue