(Cost of debt) Beiton Distribution Company is issuing a $1,000 par value bond that pays 8.2 percent annual interest and matures in 15 years that is paid semiannually. Investors firm's after-tax cost of debt on the bond? CETTE The firm's after-tax cost of debt on the bond is %. (Round to two decimal places.) it annual interest and matures in 15 years that is paid semiannually. Investors are willing to pay $964 for the bond. The company is in the 20 percent marginal tax bracket. What is the