Question: Thanks! Ying Import has several bond issues outstanding, each making semiannual interest payments. The bonds are listed in the table below. Bond Coupon Rate Price

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

Ying Import has several bond issues outstanding, each making semiannual interest payments. The bonds are listed in the table below. Bond Coupon Rate Price Quote 8.60% 6.60 8.30 8.80 106.1 94.3 104.9 94.7 Maturity 6 years 9 years 16.5 years 26 years Face Value S20,000,000 38,000,000 43,000,000 58,000,000 If the corporate tax rate is 30 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.) Aftertax cost of debt 5.33 % eBook & Resources

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