Viserion, inc, is trying to determine its cost of debt. The firm has a debt issue outstanding with 21 years to maturity that is quoted at 96 percent of face value. The issue makes semiannual payments and has an embedded cost of 6 percent annually. If the tax rate is 25 percent, what is the after-tax cost of debt? Suggested Formula(s): Semi-annualYieldtoMaturity=2F+PnFP+CYTM=2semi-annualYTMYTM=(1+semi-annualYTM)21 After-Tax Cost of Debt =YTM(1T) Select one: A. 6.36% B. 4.76% C. 2.38% D. 3.17% E. 1.59%