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Cote Import has several bond issues outstanding, each making semiannual interest payments. The bonds are listed in the following table. Bond Coupon Rate Price Quote

Cote Import has several bond issues outstanding, each making semiannual interest payments. The bonds are listed in the following table.
Bond Coupon Rate Price Quote Maturity Face Value
16.00%103.585 years $ 45,000,000
27.50110.908 years 40,000,000
37.20110.2515.5 years 50,000,000
46.80103.1525 years 65,000,000
If the corporate tax rate is 34%, what is the after-tax cost of the companys debt?

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