Before-tax cost of debt Gronseth Drywall Systems, Inc, is in discussions with its investment bankers regarding the issuance of new bonds. The different prices. The firm must choose among several alternatives In each case, the bonds will have a $1,000 par value and flotation costs will be $35 per bond. Calculate the before-tax cost of financing with the i spreadsheet) Coupon rate Time to maturity Pren 9 years 6% The before-tax cost of debt is 9.76%. (Round to two decimal places) 5 regarding the issuance of new bonds. The investment bankor has informed the fimm that different maturities will carry different coupon rates and sell at o the before-tax cost of financing with the following alternative (Click on the icon here in order to copy the contonts of the data table below into a pon rate Time to maturity 9 years Premium or discount $200 6% +++