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 31 percent, what is the aftertax cost of Ying's debt? (Do not round your intermediate calculations.)

Bond	Coupon Rate	Price Quote	Maturity	Face Value
1	6.3%	102	5 years	$ 23,000,000
2	7.8	109	10 years	38,000,000
3	6.5	103	22 years	48,000,000
4	7.2	117	32 years	59,000,000

4.47%

4.09%

4.26%

4.05%

6.17%

2.)

You have $30,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 16 percent and Stock Y with an expected return of 7 percent.

Required:

(a)	If your goal is to create a portfolio with an expected return of 12.2 percent, how much money will you invest in Stock X?
	(Click to select)$18,026,$40,667,$16,466,$18,200,$17,333

(b)	If your goal is to create a portfolio with an expected return of 12.2 percent, how much money will you invest in Stock Y?
	(Click to select),$12,667,$13,174,$13,300$12,034,$12,160