Viserion, Incorporated, is trying to determine its cost of debt. The firm has a debt issue outstanding with 27 years to maturity that is quoted at 92 percent of face value. The Issue makes semiannual payments and has an embedded cost (i.e, a coupon rate) of 7 percent annually. What is the company's pretax cost of debt? \begin{tabular}{|} 7.71% \\ \hline 9.25% \\ \hline 578% \\ \hline 8.48% \\ \hline 6.94% \\ \hline \end{tabular} If the tak rate is 25 percent, what is the aftertax cost of debt? 5.78% 6.35% 8.09% 777190