Hamilton Company's 13.2 percent coupon rate, semiannual payment, $1,000 par value bond, which matures in 11 years, currently sells at a price of $594.18. The company's tax rate is 35 percent. Based on the nominal interest rate, not the EAR, what is the firm's after-tax cost of debt for purposes of calculating the WACC? 15.42% 17.42% 13.42% O 14.42% 16.42% The WACC measures the marginal, before-tax cost of capital. True False