Question: Ying Import has several bond issues outstanding, each making semiannual interest payments. The bonds are listed in the following table. If the corporate tax rate
Ying Import has several bond issues outstanding, each making semiannual interest payments. The bonds are listed in the following table. If the corporate tax rate is 33 percent, what is the aftertax cost of Ying's debt? Bond 1234 2 4 Coupon Rate 6.1% 7.2 6.2 7.5 Price Quote Maturity 102 6 years 108 11 years Multiple Choice 4.43% 4.22% 4.01% 4.05% 6.3% 101 111 25 years 38 years Face Value 19,000,000 42,000,000 42,000,000 56,000,000 $
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