Builtrite Supply is considering selling bonds for a plant expansion. Currently, Builtrite believes that it could sell 22-year maturity, $1000 par value, 5 5/8% coupon bonds after flotation costs for $1066. If Builtrite is in the 34% marginal tax bracket, what is the after-tax cost for the bonds? 3.37% 5.10% 3.48% 5.41%