Great Lakes Packing has two bond issues outstanding. The first issue has a coupon rate of $3\mathrm{.}62$ percent, a par value of $$2,000$ per bond, matures in $8$ years, has a total face value of $$4\mathrm{.}2$ million, and is quoted at $103$ percent of face value. The second issue has a coupon rate of $6\mathrm{.}42$ percent, a par value of $$1,000$ per bond, matures in $24$ years, has a total face value of $$8\mathrm{.}5$ million, and is quoted at $91$ percent of face value. Both bonds pay interest semiannually. The company's tax rate is $40$ percent. What is the firm's weighted average aftertax cost of lebt?