PDQ, Inc., expects EBIT to be approximately $13.4 million per year for the foreseeable future, and it has 50,000 20-year, 10 percent annual coupon bonds outstanding. (Use Table 11.1 What would the appropriate tax rate be for use in the calculation of the debt component of PDQ's WACC? (Round your answer to 2 decimal places.) Tax rat table 11.1 Corporate Tax Rates Taxable Income Tax Rate $50,000 75,000 100,000 $o 15% 50,001 25 75,001 A 34 100,001 335,000 335,001 10,000,001 15,000,001 1 18.333.334 + 10,000,o00 15,000,00o 18,333.333 39 34 35 38 35