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Ying Import has several bond issues outstanding. each making semiannual interest payments. The bonds are listed in the table below Maturity 4 years 7 years
Ying Import has several bond issues outstanding. each making semiannual interest payments. The bonds are listed in the table below Maturity 4 years 7 years 14.5 years 24 years Bond Coupon Rate Price Quote Face Value $27,000,000 31,000,000 36,000,000 51,000,000 8 80% 7.00 8.50 9.00 106.8 93.6 105.6 95.4 if the cor orate tax rate is 40 percent what is the atertax cost 0 Do not round intermediate calculations and enter your answer as a percent rounded to 2 dec mal pla es he company's debt e 2.1 Aftertax cost of debt
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