Question: value 10.00 points Ying Import has several bond issues outstanding, each making semiannual interest payments. The bonds are listed in the following table. Bond Coupon
value 10.00 points Ying Import has several bond issues outstanding, each making semiannual interest payments. The bonds are listed in the following table. Bond Coupon Rate Price Quote Maturity Face Value 1 5.2% 105.06 $32,000,000 2 6.7 113.72 27,000,000 3 6.4 112.27 15.5 years 47,000,000 4 6.0 101.51 25 years 42,000,000 5 years 8 years If the corporate tax rate is 34 percent, what is the aftertax cost of the company's debt? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Cost of debt % References eBook & Resources
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