Problem 11.17 You are analyzing the cost of debt for a firm. You know that the firm's 14-year maturity, 10.75 percent coupon bonds are selling at a price of $1,322.66. The bonds pay interest semiannually. If these bonds are the only debt outstanding for the firm What is the current YTM of the bonds? (Round intermediate calculations to 4 decimal places, e.g. 1.2514 and final answer to 2 decimal places, eg. 15.25%.) The current YTM for the bonds LINK TO TEXT What is the after-tax cost of debt for this firm if it has a 30 percent marginal and average tax rate? (Round intermediate calculations to 4 decimal places, eg. 1.2514 and final answer to 2 decimal places, eg. 15.25%.) After-tax cost of debt