No Brand has two bond issues outstanding. The first issue has a coupon rate of 4%, a par value of $1,000 per bond, matures in 5 years, has a value of $4 million, and is quoted at 106% of face value. The second issue has a coupon rate of 6%, a par value of $2,000 per bond, matures has a total face value of $8 million, and is quoted at 94% of face value. Both bonds pay interest semiannually. The company's tax rate is 25%. firm's weighted average aftertax cost of debt? O2.87% O 3.85% 4.36% O 3.02%

No Brand has two bond issues outstanding. The first issue has a coupon rate of 4%, a par value of 51,000 per bond, matures in 5 years, has value of $4 million, and is quoted at 106% of face value. The second issue has a coupon rate of 6%, a par value of 52,000 per bend, maturies. has a total face value of $8 million, and is quoted at 94% of face value. Both bonds pay thterest tiemiannually The companys tax rate is 25% firm's weighted average aftertax cost of debt? 287% 3.85% 4.36% 3.02%