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? (Do not round your intermediate calculations.)

Bond	Coupon Rate	Price Quote	Maturity	Face Value
1	6.5%	106	3 years	$ 22,000,000
2	7.2%	114	6 years	37,000,000
3	6.4%	107	18 years	45,000,000
4	7.2%	121	28 years	59,000,000

Answer Choices:

3.39%

3.36%

3.53%

5.27%

3.71%