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(Cost of dabb) The Zeptyr Corporation is contenplating a new inwestment to co firuinced 35 percent from debt. The firra cauid sell new 51,000 par

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(Cost of dabb) The Zeptyr Corporation is contenplating a new inwestment to co firuinced 35 percent from debt. The firra cauid sell new 51,000 par value bonds at a net price of $935. The cospen interent rate is 15 percent, and the bonds would mature in 13 yean 1/ the conpyny in in 115 percent tax bracket, what is the after tax cost of capial to Zephyr for bends? The atter tax cost of capitat to Zephyt for bends is th. (Roand to two decimal places.)

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