14. You want to estimate the before-tax cost of debt, rd, for Dahlia Corp. The company has semi-annual coupon bonds outstanding with a market price of $1,125.00. The bonds have coupon interest rate of 12%, a face value of $1,000, and a maturity of 14 years. If flotation costs are 5%, what is Dahlia's before-tax cost of debt? O a. 10.29% O b. 11.69% O c. 11.03% O d. 12.21% O e. 12.71%