Ying Import has several bond issues outstanding, each making semiannual interest payments. The bonds are listed in the table below. Face Value $ 24,000,000 44,000,000 49,000,000 64,000,000 Bond 1 2 3 4 Coupon Rate 8.90% Aftertax cost of debt 6.60 8.60 9.10 Price Quote 105.4 95.0 104.2 106.1 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. % Maturity 3 years 6 years 13.5 years 23 years

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 colculotions and enter your onswer as o percent rounded to 2 decimal ploces, e.g., 32.16