Baron Corporation has a target capital structure of $65$ percent common stock, $10$ percent preferred stock, and $25$ percent debt. Its cost of equity is $13$ percent, the cost of preferred stock is $6$ percent, and the pretax cost of debt is $7$ percent. The relevant tax rate is $25$ percent.

a$.$

What is the company$$s WACC? $($Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

b$.$ What is the aftertax cost of debt? $($Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$