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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

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 34 percent, what is the aftertax cost of the companys debt?

bond coupon rate maturity face value price quote
1

6.5

5years $30,000,000 105.0
2 5.3 8 50,000,000 95.4
3 6.9 15.5 years 65,000,000 103.8
4 7.3 25 years 85,000,000 105.7

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