Question: Ying Import has several bond issues outstanding, each making semiannual interest payments. The bonds are listed in the table below. If the corporate tax rate

Ying Import has several bond issues outstanding, each making semiannual interest payments. The bonds
are listed in the table below.
If the corporate tax rate is 24 percent, what is the aftertax cost of the company's debt?
Note: 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
Ying Import has several bond issues outstanding, each making semiannual interest

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