nie ple/211807/questionations/ 20122.0 p Question 2 (4 marks) Bleach Blast Disinfecting Wipes inc. is ramping up production and needs to raise approdnately $2,000,000. They are considering two plans. Assuming that the company's tax rate is 30%, calculate the annual after-tax cost in dollars) of each plane 1 Plan A-Borrow $2,000,000 from a local bank, at an interest rate of 5% per year 2. Plan B - Issue 50.000 shares of $1.50 cumulative preferred stock for $40 each O EH! E nie ple/211807/questionations/ 20122.0 p Question 2 (4 marks) Bleach Blast Disinfecting Wipes inc. is ramping up production and needs to raise approdnately $2,000,000. They are considering two plans. Assuming that the company's tax rate is 30%, calculate the annual after-tax cost in dollars) of each plane 1 Plan A-Borrow $2,000,000 from a local bank, at an interest rate of 5% per year 2. Plan B - Issue 50.000 shares of $1.50 cumulative preferred stock for $40 each O EH! E