You are analyzing the after-tax cost of debt for a firm. You know that the firm's 12-year maturity,18.00percent semiannual coupon bonds are selling at a price of $1,551.95. These bonds are the only debt outstanding for the firm.

What is the current YTM of the bonds?(Round final answer to 2 decimal places, e.g. 15.25%.)

YTM%

What is the after-tax cost of debt for this firm if it has a marginal tax rate of 34 percent?(Round intermediate calculations to 4 decimal places, e.g. 1.2514 and final answer to 2 decimal places, e.g. 15.25%.)

After-tax cost of debt

%

What is the current YTM of the bonds andafter-tax cost of debt for this firmif the bonds are selling at par?(Round intermediate calculations to 4 decimal places, e.g. 1.2514 and final answers to 2 decimal places, e.g. 15.25%.)

YTM%After-tax cost of debt%