Fashion Wear has bonds outstanding that mature in 12 years, pay interest annually and have a coupon rate of 7.5 percent. These bonds have a face value of $1,000 and a current market price of $1060. What is the company's aftertax cost of debt if its tax rate is 35 percent? O 5.21 percent 5.53 percent 4.39 percent 6.85 percent O 6.50 percent