Your company has a zero coupon bond issue outstanding that matures in 7 years. The bond is quoted at 40 percent. What is the firm's before tax cost of debt if the tax rate is 30 percent? Calculate the following returns: (1/100 of one percent without % sign, e.g. 12.671, if a negative percentage, -9.56): 1) Cost of debt Your company has a bond issue outstanding that matures in 7 years. The bond is 7 quoted at 90 percent and coupon rate of 7%. What is the firm's after tax cost of debt if the tax rate is 30 percent? Calculate the following returns: (1/100 of one percent without % sign, e.g. 12.671, if a negative percentage, -9.56): 1) Cost of debt