ABCs outstanding bonds have an 9% annual coupon payment and will mature in 15 years. The bonds are currently selling for 97.15% 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

9.36% ; 7.02%

7.00% ; 5.25%

8.06% ; 6.05%

10.31% ; 7.73%

8.47% ; 6.35%