[Solved] Exhibit 9.1 The Collins Group, a leading producer of custom automobile accessories, has hired you to estimate the firm's weighted average cost of capital. The balance sheet and some other information are provided below. The stock is currently selling for $15.25 per share, and its noncallable $1,000 par value, 20-year, 7.25% bonds with semiannual payments are selling for $875.00. The beta is 1.25, the yield on a 6-month Treasury bill is 3.50%, and the yield on a 20-year Treasury bond is 5.50%. The required return on the stock market is 11.50%, but the market has had an average annual return of 14.50% during the past 5 years. The firm's tax rate is 40%. -Refer to Exhibit 9.1.What is the best estimate of the after-tax cost of debt? A) 4.64% B) 4.88% C) 5.14% D) 5.40% E) 5.67% Erotic Plasticity: The degree to which an individual's sex drive can be changed by social, cultural, and situational factors. Late Teens: This term refers to the age period of individuals who are around 16 to 19 years old, nearing the transition from adolescence to adulthood. Alcohol: A psychoactive substance known for its depressant effects on the central nervous system, found in beverages like beer, wine, and spirits. Habituation: The process of becoming accustomed to a stimulus after repeated exposure, leading to a decrease in response.