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Delayed Exports has four bonds outstanding. If the relevant tax rate is 32 percent, what is the after-tax cost of Delayed Exports' debt ? (Do

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Delayed Exports has four bonds outstanding. If the relevant tax rate is 32 percent, what is the after-tax cost of Delayed Exports' debt ? (Do not round your intermediate calculations.) Bond 1 2 Coupon Rate 6.10% 7.00% 5.60% 6.30% Yield to Maturity 5.07% 5.42% 4.98% 5.10% Price Quote % of Face Value) 106 113 108 119 Maturity 7 years 11 years 21 years 33 years Face Value $ 21,000,000 $ 40,000,000 $ 44,000,000 $ 55,000,000 3 4 Multiple Choice 3.5% 3.36%

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