LO 2 22. Calculating the Cost of Debt Ying Import has several bond issues outstanding, each making semiannual interest payments. The bonds are listed in the table below. If the corporate tax rate is 24 percent, what is the aftertax cost of the company's debt? Bond 1 2 3 4 Coupon Rate 6.5% 5.3 6.9 7.3 Price Quote 109.0 97.4 110.5 109.8 Maturity 5 years 8 years 15%2 years 25 years Face Value $30,000,000 50,000,000 65,000,000 85,000,000