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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.) Yield to Maturity Bond Coupon Rate Maturity Face Value 1 5.60% 6.40% 5.40% 6.00% 2 3 Price Quote % of Face Value) 105 113 105 117 4.75% 4.75% 5.04% 4.96% 7 years 10 years 24 years 34 years $ 24,000,000 $ 41,000,000 $ 49,000,000 $ 61,000,000 4 Multiple Choice 3.2% 3.17% 3.33% 3.5% 4.9%

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