Sysco Company sold a 15 year $1,000 face value bond with an 11 percent coupon rate. Interest is paid annually. After flotation costs, Sysco Company received $829.50 per bond. Compute the after-tax cost of debt for these bonds if the firm's marginal tax rate is 32 percent. Question 23 options: 9.34% 4.40% 13.74% 12.09%