The Goodsmith Charitable foundation, which is tax-exempt, issued debt last year at 8 percent to help finance a new playground facility in Los Angeles. This year the cost of debt is 30 percent higher; that is, firms that paid 10 percent for debt last year will be paying 13.00 percent this year. a) if the goodsmith foundation borrowed money this year, what would the after tax cost of debt be, based on its cost last year and the 30 percent increase? b) if the receipts of the foundation were found to be taxable by the IRS (at a rate of 30 percent because of the involvement in political activities), what would the aftertax cost of the debt be?