You are analyzing the after-tax cost of debt for a firm. You know that the firm's 12 -year maturity, 10.00 percent semiannual coupon bonds are selling at a price of $847. Assuming that these bonds are the only debt outstanding for the firm. 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 Attempts: 1 of 3 use 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, eg. 15.25% ) After-tax cost of debt %