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Question 2 20 pts Dallas Inc. is considering issuing long-term debt. The debt would have a 30-year maturity and a 10% coupon rate with an

Question 2 20 pts Dallas Inc. is considering issuing long-term debt. The debt would have a 30-year maturity and a 10% coupon rate with an annual payment. If the firm can sell this debt for $950 today, and its tax rate is 35%, what is the component cost of debt for use in the WACC calculation? 10.00% 10.56% 6.86% 6.50% O 7.23%

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