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value 160 points Ying Import has several bond issues outstanding, each making semiannual interest payments. The bonds are listed in the table below. Maturity 5
value 160 points Ying Import has several bond issues outstanding, each making semiannual interest payments. The bonds are listed in the table below. Maturity 5 years 8 years 15.5 years 25 years Bond Coupon Rate Price Quote 8.50% 6.70 8.20 8.70 105.5 94.9 104.3 106.2 Face Value $25,000,000 45,000,000 50,000,000 65,000,000 If the corporate tax rate is 34 percent, what is the aftertax cost of the company's debt? (Do not round intermediate calculations and enter your answer as a percent rounded to2 decimal places, e.g., 32.16.) Aftertax cost of debt
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