The Goodsnith Chantable Foundation, which es tax exempt, issued debt last year at 8 percent to heip fnance a new playground faciry n Los Angeles This year the cost of debt is 18 percent higher, that es, ferms that pad 10 percend for debt last year will be paying 1180 percent this year a. If the Goodsmth Chartable Foundation borrowed money thes year, what wouild the aftertax cost of debt be, based on ther cost last year and the 18 percent increase? (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) cost of debt ad to be tixatke by the IRS iot a rate of so percenit because of miokement n potical aes), what woudthe aferiak cost of dets be? (Do not round intermediate caleulations Input your answer as a percent rounded to 2 decimal places.) cost af deb References eBook 8 Resources Worksheet Deticulty Basic