Compute the Weighted average cost of debt on a before-tax basis. State in percent format to the nearest basis point but omit the % sign. Hence, 23.567% would be written as 23.57 for this answer.

Contractual Obligations, contingent Liabilities and commitments notational Rate Effective Rate 4.75% 4.50% Accounts payable Product warranty liability Current portion of long-term debt Deferred revenue Senior Secured Credit Facility(1) 3.57% current rate 5.0% Senior Notes (2) 4.75% Senior Notes (3) fair value (Millions) 219.00 41.00 102.00 81.00 1176.00 994.00 404.00 3.57% 5.00% 4.75% 3.25% 4.60% 4.30% Total Liabilities 3,516.00 Market Book Value Value (Millions) (Millions) 602.00 5,433.00 Shareholder's Equity Beta of Tennyson Common Stock MRP Tax Rate Risk Free Rate (20 year Treasury) 1.55 7.00% 22.00% 3.30%