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Willer, Ino, is trying to determine its cost of debt. The firm has a debt ise outstanding with 12 years to maturity that is quoted

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Willer, Ino, is trying to determine its cost of debt. The firm has a debt ise outstanding with 12 years to maturity that is quoted at 95 percent of face value. The issue makes semiannual payment and has an embedded cost of 10 percent annually Required: (a) What is the company's pretax cost of debt? (Do not round your intermediate calculations) [Click to select (b) the tax rate is 36 percent, what is the attertax cost of debt? (Do not round your intermediate calculations) (Click to select)

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