Homework: Chapter 13 Homework Save Score: 0 of 1 pt 3 of 13 (10 complete) HW Score: 76.92%, 10 of 13 pts P 13-6 (similar to) Question Help Aviorp has a S 10.2 million debt issue outstanding, with a 5 9% matures in five years it is currently priced at 94% of par value a. What is Avicorp's pre-tax cost of debt? Note: Compute the effective annual return. b. If Avicop faces a 40% tax rate, what is its after-tax cost of debt? coupon rate. The debt has semi-annual coupons, the next coupon is due in six months, and the debt a. The cost of debt is'.% per year. (Round to four decimal paces.)