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			Face Value
1			5.3	%			105.16			5	years		$	33,000,000
2			6.8				113.82			8	years			28,000,000
3			6.5				112.37			15.5	years			48,000,000
4			6.1				101.61			25	years			43,000,000

If the corporate tax rate is 30 percent, what is the aftertax cost of Yings debt?

Ying Import has several bond issues outstanding, each making semiannual interest payments. The bonds are listed in the following table. If the corporate tax rate is 30 percent, what is the aftertax cost of Ying s debt? Ving Import has several bond issues outstanding, each making semiannual interest payments. The bonds are listed in the following table. If the corporate tax rate is 30 percent, what is the aftertax cost of Ying?s debt? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) Cost of debt %