Bepsi Cola pays 8 percent annually on its debt which has a market value of $5,840. The unlevered cost of capital is 14 percent. The expected earnings before interest and taxes are $1,400. What is Bepsi Cola's levered cost of equity if the tax rate is 35 percent? a. 25.14 percent b. 23.59 percent C. 22.42 percent C2000 Men's Wear has 1,220 bonds outstanding with a coupon rate of 7.5 percent and a face value of $1,000 each. What is the amount of the annual interest tax shield if the tax rate is 35 percent? a. $32,025.00 b. $123.75 c. $63,750.00