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Chapter 11 Cost of Capital Ying import has several bond issues outstanding each making semiannual interest payments. The bonds are listed in the following table.

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Chapter 11 Cost of Capital 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? Hond P rice Quote Maturity Rate 6 107 115 to 22 5 years years 22 years 30 years Face Value $24pooooo 43,000,000 46000,000 62000000 4 Multiple Choice 1 o o o oo 74

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