P14-6 Calculating Cost of Debt [LO2] Waller, Inc., is trying to determine its cost of debt. The firm has a debt issue outstanding with 10 years to maturity that is quoted at 91 percent of face value. The issue makes semiannual payments and has an embedded cost (i.e. a coupon rate as an APR) of 6 percent annually. Required: What is the company's pre-tax cost of debt as an APR? (Do not round your (e)intermediate calculations.) (Click to select) :) (b)lf the tax rate is 35 percent, what is the after-tax cost of debt as an APR? (Do not round your Intermediate calculations.) (Click to select) What is the company's pre-tax cost o (a) intermediate calculations.) ) LELLA v (Click to selecN 7.57% 7.28% 6.92% 6.20% 7.65% TUNICK to select (0 35 percent, what 'mediate calculation V (Click to select) 2.65% 4.5096