$2.$ The Maximus Corporation is considering a new investment, which would be financed from debt. Maximus could sell new $$1,000$ par value bonds at a new price of $$920.$ The bonds would mature in $13$ years, and the coupon interest rate is $10\%.$ Compute the after$-$tax cost of capital to Maximus for bonds, assuming a $34\%$ tax rate. Show work.