Viserion, Inc., is trying to determine its cost of debt. The firm has a debt issue outstanding with 11 years to maturity that is quoted at 104 percent of face value. The issue makes semiannual payments and has an embedded cost of 4 percent annually. What is the company's pretax cost of debt? 3.56% 4.27% 2.31% 3.91% 0 3.20% If the tax rate is 35 percent, what is the aftertax cost of debt? 2.31% 2.08% 2.54% 3.24% 3.56%