The Goodsmith Charitable Foundation, which is tax$-$exempt, Issued debt last year at $9$ percent to help finance a new playground facility In Los Angeles. This year the cost of debt is $30$ percent higher, that is$,$ firms that paid $11$ percent for debt last year will be paying $14\mathrm{.}30$ percent this year.

a$.$ If the Goodsmith Charitable Foundation borrowed money this year, what would the aftertax cost of debt be$,$ based on its cost last year and the $30$ percent Increase?

Note: Do not round Intermediate calculations. Input your answer as a percent rounded to $2$ decimal places.

$\backslash$table$[[$Aftentax cost of debt,$]]$

b$.$ If the recelpts of the foundation were found to be taxable by the IRS $($at a rate of $34$ percent because of involvement in political act$($vitles$).$ What would the aftertax cost of debt be$?$

Note: Do not round intermediate calculations. Input your answer as a percent rounded to $2$ decimal places.

$\backslash$table$[[$Aftertax cost of debt,$\%$