Question: Ying Import has several bond issues outstanding, each making semiannual interest payments. The bonds are listed in the following table. Ying Import has several bond

Ying Import has several bond issues outstanding, each making semiannual interest payments. The bonds are listed in the following table.

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

Ying Import has several bond issues outstanding, each making semiannual interest payments. The bonds are listed in the following table Coupon Price Quote Maturity Bond Face Value Rate $59,000,000 54,000,000 74,000,000 81,000,000 51% 6.7 6.6 5.9 104.86 113.62 5 years 8 years 112.17 15.5 years 01.4125 years 2 4 If the corporate tax rate is 24 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

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