Please answer. A. 12.17%B. 11.37%C. 9.97D. 7.37%E. None of the choices

Help Save & Exit Assume that Will's marginal tax rate is 25 percent and his tax rate on dividends is 15 percent If a dividend-paying stock (with no growth potential) pays a dividend yield of 8.8 percent, what interest rate must the corporate bond offer for Will to be indifferent between the two investments from a cash-flow perspective