Question 8 (1 point) Assume the following information for Baxter Co., a U.S.-based MNC that is considering obtaining funding for a project in France: U.S. risk-free rate = .05 French risk-free rate = .06 Risk premium on dollar-denominated debt provided by U.S. creditors = 0.04 Risk premium on euro-denominated debt provided by German creditors = .05 Beta of project = 1.6 Expected U.S. market return = .12 U.S. corporate tax rate = 0.33 French corporate tax rate = .35 What is Baxter's cost of dollar-denominated debt? Your