Q2: Great Lakes Packing has two bond issues outstanding. The first issue has a coupon rate of 3.82 percent, a par value of $2,000 per bond, matures in 6 years, has a total face value of $5.2milli, and is quoted at 103 percent of face value. The second issue has a coupon rate of 6.69 percent, a par value of $1,000 per bond, matures in 14 years, has a total face value of $9.5 million, and is quoted at 107 percent of face value. Both bonds pay interest semiannually. The company's tax rate is 22 percent. What is the firm's weighted average after-tax cost of debt? (1.2 pts)