Problem You realize that there are tax advantages to funding your company using debt instead of equity Aber understaning the company investment needs, you have issued the following bonds Annual coupon rute of 6.8% paid semiannually. Remaining time to maturity of Il years, Current price of S1080 Face value is $1000 a. What is the company's pretax cost of debt! (Do not mund Intermediate calculations and enter your answer as a percent founded to 2 decimal places, eg. 12.34.) b. If the tax rate is 22, what is the aftertax cost of debt? Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places .. 12:34) MacBook Air Ho . Te 2 3 4 O* 5 6 & 7 00. W E R T Y U S D F G H J C V B N N M * nand