25 - Dog Gone Good Engines has a bond issue outstanding with 17 years to maturity. These bonds have a $1,000 face value, a 9 percent coupon, and pay interest semi-annually. The bonds are currently quoted at 82 percent of face value. What is the company's after-tax cost of debt if the tax rate is 38 percent? A. 6.15 percent B. 6.75 percent C. 7.08 percent D. 9.50 percent E. 11.42 percent