- 6.02%

- 3.93%

- 4.3%

- 3.89%

- 4.09%

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 32 percent, what is the aftertax cost of Ying's debt? Bond Coupon Rate Price Quote Maturity Face Value 1 6.1% 104 $ 22,000,000 6 years A WN 7.6 6.4 110 103 114 8 years 21 years 32 years 45,000,000 42,000,000 61,000,000 7.2 Multiple Choice