Question: 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

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 34 percent, what is the aftertax cost of the company's debt?

Bond Coupon Rate Price Quate Maturty Maturity Face Value 6.5% 5.3 6.9 7.3 105.0 95.4 103.8 105.7 5 years 8 years 15% years 25 years $30,000,000 50,000,000 65.000,000 85,000,000 2

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