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1 - Waller, Inc., is trying to determine its cost of debt. The firm has a debt issue outstanding with 8 years to maturity twith

1 - Waller, Inc., is trying to determine its cost of debt. The firm has a debt issue outstanding with 8 years to maturity twith a current price of $1042. The issue makes semiannual payments and has coupon rate of 8 percent.If the tax rate is 0.39, what is thepretaxcost of debt? Enter the answer with 4 decimals (e.g. 0.0123)

2 - Waller, Inc., is trying to determine its cost of debt. The firm has a debt issue outstanding with 20 years to maturity twith a current price of $854. The issue makes semiannual payments and has coupon rate of 5 percent.If the tax rate is 0.21, what is theaftertaxcost of debt? Enter the answer with 4 decimals (e.g. 0.0123)

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