Question 15 1 pts A firm recently issued $1,000 par value, 15-year bonds with a coupon rate of 8%. Coupon interest payments will be paid semi-annually. The bonds sold at par value, but the firm paid flotation costs amounting to 5% of par value. The firm has a marginal tax rate of 34%. What is the firm's after-tax cost of debt for these bonds? 6.36% 8.60% 0 4.30% 5.68% 8.0% Question 16 1 pts Alpha Products maintains a capital structure of 40 percent debt and 60 percent common equity. To finance its capital budget for next year, the firm will sell 11% coupon bonds at par value assume no flotation costs). The firm will finance the rest of o