Sunrise, Incorporated, is trying to determine its cost of debt. The firm has a debt issue outstanding with 12 years to maturity that is quoted at 103 percent of face value. The issue makes semiannual payments and has an embedded cost of 4 percent annually. If the tax rate is 21 percent, what is the aftertax cost of debt? O 2.11% O 2.31% O 2.81% O 2.91% O 2.51%