Electronic Products has 22, 500 bonds outstanding that are currently quoted at 101.6. The bonds mature in 8 years and pay an annual coupon payment of $90. What is the firm s after tax cost of debt if the applicable tax rate is 34 percent? A. 5.47 percent B. 4.79 percent C. 5.75 percent D. 6.98 percent E. 6.67 percent