Cost of Capital Saved Ying Import has several bond issues outstanding, eac payments. The bonds are listed in the table below. making semiannual interest Maturity Bond Coupon Rate 1 6.5% 2 5.3 3 6.9 4 7.3 Price Quote 109.0 97.4 110.5 109.8 5 years 8 years 15 1/2 years 25 years Face Value $30,000,000 50,000,000 65,000,000 85,000,000 If the corporate tax rate is 24 percent, what is the aftertax cost of the company's debt? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Aftertax cost of debt %