Walters Corporation has a target capital structure of $50$ percent common stock, $10$ percent preferred stock, and $40$ percent debt. Its cost of equity is $8$ percent, the cost of preferred stock is $4$ percent, and the pretax cost of debt is $5$ percent. The relevant tax rate is $38$ percent.

What is the company$$s WACC?

Note: Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

What is the aftertax cost of debt?

Note: Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$