Question 9 1 pts Blue Sky Corporation is planning to issue $1.000 par value bonds. The bonds will have a coupon rate of 14 percent and will be sold at a market price of $1050. Flotation costs will amount to 6 percent of market value. The bonds will mature in 15 years and interest payments will be made semi-annually. The company's marginal tax rates 21%. What is the firm's after-tax cost of debt financing? Time Ant I He 1421 14OON 11.00 9.38% 1123