X Problem 9-6 (similar to) Question Help * (Cost of debt) The Zephyr Corporation is contemplating a new investment to be financed 33 percent from debt. The firm could sell new $1,000 par value bonds at a net price of $920. The coupon interest rate is 11 percent, and the bonds would mature in 19 years. If the company is in a 39 percent tax bracket, what is the after-tax cost of capital to Zephyr for bonds? The after-tax cost of capital to Zephyr for bonds is 96 (Round to two decimal places