Score: 0 of 1 pt 4 of 112 complete) HW Score: 18.18%, 2 of 11 pts Problem 11.LO2.13 (similar to) Question Help Calculate the after-tax cost of debt for the following bond. The face value of the bond is $1,000, Interest is paid annually, the coupon rate is 8% and the bond matures in 13 years. Assume that the corporate tax rate is 38% and the issue price of the bond was $850. The after tax cost of debt for the bond is % (Round to two decimal places.) Enter your answer in the answer box and then click Check Answer, All parts showing Clear All Check