Malik has been asked to determine the cost of debt for his division of the firm. The firm has $1000 par value bonds outstanding that have a coupon rate of 6% and make semi-annual payments. These bonds have 12 years remaining to maturity and currently sell for 598742. What is the yield-to-maturity on these bonds? Use a financial calculator to determine your answer. a) 6,15% b) 9.25% 3.07% d) 7.42% Crabtree International has issued $1000 face value, 20-year 5% annual coupon bonds five years ago. The current quote for the bond is 102. The firm's tax rate is 21%. What is the after-tax cost of debt? (Ra)(1 - TO a) 3.8% b) 5.82% Od c) 2.40% d) 9.62%