Berger Corporation is estimating its cost of bond financing. It has outstanding a $1,000 face value issue with an 9% coupon and 20 years to maturity. These bonds are currently selling for $876.54. Berger would pay a 6% flotation cost to issue new, similar bonds and pays income laxes at a 21% rate a) Determine the bond investors' required rate of return. b) Determine the cost of a new 20 -year bond issue to Berger Corporation