Jiminys Cricket Farm issued a 25-year, 6 percent semiannual coupon bond 5 years ago. The bond currently sells for 108 percent of its face value. The companys tax rate is 24 percent.

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,

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,