ABCs outstanding bonds have an 11% annual coupon payment and will mature in 12 years. The bonds are currently selling for 106.52% of par. If the company can issue new bonds at par with similar YTM, what is ABC's before-tax cost of debt? If ABCs marginal tax rate is 25%, what is its after-tax cost of debt?

Group of answer choices

8.84% ; 6.63%

8.50% ; 6.38%

10.04% ; 7.53%

9.45%; 7.09%

11.22% ; 8.41%