Avicorp has a $10.6 million debt issue outstanding, with a 6.1% coupon rate. The debt has semi-arrual coupors, the noxt coupen is due in sxx morths, and the dete matures in five yeen, it as currenty priced at 94% of par value, 2. What is Avicorp's pre-tax cost of debt? Note: Compute the effective annual roturn. a. If Avicorp faces a 40% tax rate, What is ats after-tax cost of debt? Note: Assume that the firm will always be able to utilize its full interest tax shiold