Hi, I need help with my Managerial Finance assignment please. . .

The coupon rate on an issue of debt is 12%. The yield to maturity on this issue is 11%. The corporate tax rate is 36%. What would be the approximate after-tax cost of debt for a new issue of bonds? (Round your answer to 2 decimal places.) 8.49% 5.69% 9.1 9% 1,04% A firm's preferred stock pays an annual dividend of $9, and the stock sells for $71. Flotation costs for new issuances of preferred stock are 6% of the stock value. What is the after-tax cost of preferred stock if the firm's tax rate is 40%? (Round your answer to 2 decimal places.) 15.64 13.49 12.14 14.94