Wholefood, a U.S. retailer company, wishes to raise $1.5 million and is trying to decide between a domestic dollar bond issue and a Eurobond issue. The company received the following two offers from the banks. Each offer has different features: Deutsche Bank proposal: 5-year maturity, coupon of 5.9% paid annually, underwriting, and other expenses totaling $96,500. Bank of America proposal: 5-year maturity, coupon of 6.4% paid semiannually, underwriting, and other expenses totaling $75,000 What is the effective annual yield (all-in cost) of each proposal? (Tip: you might need to use an excel function or financial calculator to find the answers) a. Deutsche Bank 7.49%; Bank of America 7.77% b. Deutsche Bank 7.49%; Bank of America 7.62% c. Deutsche Bank 3.74%; Bank of America 3.81% d. Deutsche Bank 6.4%; Bank of America 5.9% e. Deutsche Bank 7.49%; Bank of America 7.64%