Use the following data for the next 5 questions: Debt Common Stock Preferred Stock Market Tax Rate 42,000 bonds with a 5.0% coupon rate, payable annually, 15 years to maturity, selling at $1,050 per bond. a. 7.36 % O b. 1.62% c. 3.58% d. 5.23% e. 0.98 % 871,000 shares of common stock outstanding. The stock sells for a price of $49 per share and has a beta of 0.68. 220,000 preferred shares outstanding, currently trading at $65.93 per share; with an annual dividend payment of $8.09, The market risk premium is 20% and the risk free rate is 7% 21% What is the after tax cost of debt (Ra)? (Answer as a percentage and round to 2 decimals)

Use the following data for the next 5 questions: What is the after tax cost of debt ( (R) ? (Answer as a percentage and round to 2 decimals) a. 7.36% b. 1.62% c. 3.58% d. 5.23% e. 0.98%