Great Lakes Packing has two bond issues outstanding. The first issue has a coupon rate of $3\mathrm{.}84$ percent, a par value of $$2,000$ per bond, matures in $7$ years, has a total face value of $$5\mathrm{.}3$ million, and is quoted at $102$ percent of face value. The second issue has a coupon rate of $6\mathrm{.}61$ percent, a par value of $$1,000$ per bond, matures in $16$ years, has a total face value of $$9\mathrm{.}6$ million, and is quoted at $105$ percent of face value. Both bonds pay interest semiannually. The company's tax.rate is $23$ percent. What is the firm's weighted average aftertax cost of debt?

Multiple Choice

$4\mathrm{.}61\%$

$3\mathrm{.}71\%$

$4\mathrm{.}01\%$

$5\mathrm{.}21\%$