Decline Inc. is trying to determine its cost of debt. The firm has a debt issue outstanding with 13 years to maturity that is quoted at 110.2 percent of face value. The issue makes semiannual payments and has an coupon rate of 8 percent annually. What is the aftertax cost of debt if the tax rate is 21 percent? 4.53% 4.77% 6.92% 5.89% 5.38%