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

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? Bond Price Quote Maturity Face Value 105 -NM Coupon Rate 6.1% 6.6 5.8 6.4 113 105 115 6 years 10 years 21 years 36 years $ 17,000,000 39,000,000 48,000,000 58,000,000 4 Multiple Choice 3.82% 3.46% 5.27% 3.49% 3.64%

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