Viserion, Incorporated, is trying to determine its cost of debt. The firm has a debt issue outstanding with 23 years to maturity that is quoted at 93 percent of face value. The issue makes semiannual payments and has an embedded cost of 7 percent annually. What is the company's pretax cost of debt? O 7.65% O 9.18% O 5.97% O 8.42% O 6.89% If the tax rate is 22 percent, what is the aftertax cost of debt? O 5.97% 05.37% O 6.56% O 8.36% O 7.65% Consider the following information: 36 Probability of State Rate of Return if State Occurs State of Economy of Economy Stock A Stock B Stock C Boom 15 46 26 Good 45 21 17 10 Poor 35 -.03 -06 -04 Bust .05 -17 -21 -07 Your portfolio is invested 22 percent each in A and C, and 56 percent in B. What is the expected return of the portfolio? Expected return What is the variance of this portfolio? Varance What is the payback period for the following set of cash flows? Year 0 1 2 Cash Flow -5 2100 1400 2.200 1,500 1,400 4 Multiple 162 years 127 years