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Question 6 of 8 0/4 E 1 View Policies Show Attempt History Current Attempt in Progress You are analyzing the after-tax cost of debt for a firm. You know that the firm's 12-year maturity, 13.00 percent semiannual coupon bonds are selling at a price of $1.206.98. These bonds are the only debt outstanding for the firm. * Your answer is incorrect What is the current YTM of the bonds? (Round final answer to 2 decimal places, eg. 15.25%) YTM 13 % uestion 6 of 8 074 E * Your answer is incorrect. What is the after-tax cost of debt for this firmif it has a marginal tax rate of 34 percent? (Round intermediate calculations to 4 decimal places, eg. 1.2514 and final answer to 2 decimal places, eg, 15.25%.) After-tax cost of debt 8.58 % Question 6 of 8