Suspect corp issued a bond with a maturity of 20 years and semi annual coupon rate of 10 percent 4 years ago. The bond currently sells for 97 percent of its face value the company tax rate is 35 percent.

What is the pre tax cost of debt ( do not do intermediate calculation run your answer to 2 decimal places)

what is the after tax cost of debt (do not do intermediate calculation run your answer to 2 decimal places)