Deandra and Anna Stacia are considering a 20-year bond with 15 years outstanding with a face of $1,000. The coupon rate is 40% and the price of the bond is $1,255 What would be a good estimate of the cost of debt on the bond under consideration? (4 marks) Select one: a. 32.5350% b. 316350% c. 30.5350% d. 32.7350% e. 32.6350%