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revive co has outstanding 10 year noncallable bonds with a face value of $1000. these bonds have a current market price of $1092.79 and an

revive co has outstanding 10 year noncallable bonds with a face value of $1000. these bonds have a current market price of $1092.79 and an annual coupon rate of 11%. the company faces a tax rate of 30%. if the company wants to issue new debt, what would be a reasonable estimate for its aftertax cost of debt? A. 5.33% B. 6.66% C. 7.66% D. 5.99%

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