Question: Please help me solve this problem please help me solve this problem Ying Import has several bond issues outstanding, each making semiannual interest payments. The

Please help me solve this problem please help me solve this problem

problem Ying Import has several bond issues outstanding, each making semiannual interest

Ying Import has several bond issues outstanding, each making semiannual interest payments. The bonds are listed in the following table. Coupon Price Bond Rate Quote Maturity Face Value 1 6.1% 106.06 5 years 5 41,000,000 2 7.6 114.62 8 years 36,000,000 3 7.3 113.17 15.5 years 56,000,000 4 6.9 102.41 25 years 63,000,000 If the corporate tax rate is 21 percent, what is the aftertax cost of the company's debt? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Cost of debt "EH

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