2.00 points P14-6 Calculating Cost of Debt [L02] Waller, Inc., is trying to determine its cost of debt The firm has a debt issue outstanding with 10 years to maturity that is quoted at 109 percent of face value. The issue makes semiannual payments and has an embedded cost of 10 percent annually Required (a) What is the company's pretax cost of debt? (Do not round your intermediate calculations.) (Click to select) (b) f the tax rate is 35 percent, what is the aftertax cost of debt? (Do not round your intermediate calculations.) (Click to select) v References eBook & Resources O Type here to search