You are analyzing the after-tax cost of debt for a firm. You know that the firm's 12-year maturity, 10.50 percent semiannual coupon bonds are selling at a price of $824. Assuming that these bonds are the only debt outstanding for the firm. Problem 13.19 a1-a3(a1) Your answer is correct. What is the current YTM of the bonds? (Round intermediate calculations to 4 decimal places, e.g. 1.2514 and final answer to 2 decimal places, e.g. 15.25%.) YTM eTextbook and Media 13.50 do % Attempts: 1 of 3 used Problem 13.19 a1-a3(a2) What is the after-tax cost of debt for this firm if it has a marginal tax rate of 34 percent? (Round final answer to 2 decimal places, e.g. 15.25%.) After-tax cost of debt %