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You are viewing Attempt 2/ Continue Work * Your answer is incorrect. Oriole Industries has 8 percent coupon bonds outstanding. These bonds have a market

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You are viewing Attempt 2/ Continue Work * Your answer is incorrect. Oriole Industries has 8 percent coupon bonds outstanding. These bonds have a market price of $954.40, pay interest semiannually, and will mature in 6 years. If the tax rate is 35 percent, what are the pre-tax cost and after-tax cost of this debt? (Round answers to 2 decimal places, eg. 52.75%.) Pre-tax cost 9.00 % After-tax cost 5.85 % e Textbook and Media Attempts: 2 of 3 used

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