Omni Consumer Products Company (OCP) can borrow funds at an Interest rate of 10.20% for a period of five years. Its marginal federal-plus-state tax rate is 25%. OCP's after-tax cost of debt is (rounded to two decimal places). At the present time, Omni Consumer Produd 6.50% hy (OCP) has 5-year noncallable bonds with a face value of $1,000 that are outstanding. These bonds have a current market price of $1,224 8.42% fond, carry a coupon rate of 10%, and distribute annual coupon payments. The company Incurs a federal-plus-state tax rate of 25%. If OCP W bue new debt, what would be a reasonable estimate for its after-tax cost of debt (rounded to two 7.65% decimal places)? (Note: Round your YTM ra decimal place.) 7.27% 4.27 at the present time, Omni Consumer Products Company (OCP) has 5-year noncallable bonds with a face value of $1,000 that are outstanding. These bonds have a current market price of $1,229.24 per bond, carry a coupon rate of 10%, and distribute annual coupon payments. The company Incurs a federal-plus-state tax rate of 25%ar OCP wants to issue new debt, what would be a reasonable estimate for its after-tax cost of debt (rounded to two decimal places)? (Note: Round your YTM rate to two decimal place.) 34.27% 3.56% 3.20% 4,09%