Jiminys Cricket Farm issued a 25-year, 4 percent semiannual coupon bond 3 years ago. The bond currently sells for 108 percent of its face value. The companys tax rate is 22 percent.

A. What is the companys pretax cost of debt? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.

B. What is the companys aftertax cost of debt? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.