#3 Questions Question 23 1 pts A company's bonds have an 8% coupon rate (paid annually), a maturity of 10 years, a par value of $1,000 and a price of $900. The corporate tax rate is 30%. The risk premium for equity above the bond yield is 2%. What is the cost of equity? O 11.60% O 14.75% 13.98% O 10.04% Next