Sunrise, Inc., is trying to determine its cost of debt. The firm has a debt issue outstanding with $23$ years to maturity that is quoted at $96$ percent of face value. The issue makes semiannual payments and has an embedded cost of $5$ percent annually. What is the company's pretax cost of debt? If the tax rate is $21$ percent, what is the aftertax cost of debt?

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$\backslash$table$[[$Settlement$,\frac{1}{1}\frac{?}{2020}$