The outstanding bonds of Tech Express are priced at $989 and mature in 10 years. These bonds have a 6 percent coupon and pay interest annually. The firm's tax rate is 35 percent. What is the firm's aftertax cost of debt? The Bet-r-Bilt Company has a 5-year bond outstanding with a 3.75 percent coupon. Interest payments are paid semi-annually. The face amount of the bond is $1,000. This bond is currently selling for 91 percent of its face value. What is the company's pre-tax cost of debt? Martin Industries just paid an annual dividend of $2.10 a share. The market price of the stock is $43.30 and the growth rate is 8.6 percent. What is the firm's cost of equity