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Question 15 Question 15 of 203 5 points Big plc has 7% bonds redeemable in 5 years time at a nominal (par) value of 100.

Question 15 Question 15 of 203 5 points Big plc has 7% bonds redeemable in 5 years time at a nominal (par) value of 100. The ex interest market price of these bonds is 95.14. The company pays tax at a rate of 30 per cent Calculate the after-tax cost of these bonds, using the bond approximation model. A. 18.9% O B.5.75% OC 6.83% OD.5.19% O E 9.49% OF. 8.21%

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