Boulder Furniture has bonds outstanding that mature in 13 years, have a 6 percent coupon, and pay interest annually. These bonds have a face value of $1,000 and a current market price of $1,040. What is the company's after tax cost of debt if its tax rate is 32 percent? 2.97 percent 3.24 percent 3.78 percent O 5.56 percent 5.53 percent