Blue and Red Inc. has a bond outstanding that sells for $1,043 and matures in 19 years. The bond pays semiannual coupons and has a coupon rate of 5.62 percent. The par value is $1,000. If Blue and Red's tax rate is 21 percent, what is the aftertax cost of debt? a) 5% b)3.46% c)5.35% d)4.15% e)3.01%