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value 10.00 points Ying Import has several bond issues outstanding, each making semiannual interest payments. The bonds are listed in the following table Bond Coupon

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value 10.00 points Ying 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 5.1% 6.6 6.3 5.9 104.96 113.62 112.17 15.5 years 101.41 Face Value $31,000,000 26,000,000 46,000,000 41,000,000 5 years 8 years 25 years If the corporate tax rate is 35 percent, what is the aftertax cost of the company's debt? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Cost of debt References eBook& Resources Learning Objective: 14-02 How to determine a firms cost of debt Worksheet Difficulty: Intermediate Section: 14.3 The Costs of Debt and Preferred Stock Check my work

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