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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
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 34 percent, what is the aftertax cost of Ying's debt? Bond Coupon Rate Price Quote Maturity Face Value $ 20,000,000 1 5.9% 105 6 years 6.8 AWN 5.5 110 102 114 9 years 18.5 years 33.5 years 42,000,000 44,000,000 63,000,000 6.1 Multiple Choice 3.47% 3.33% 5.25% 3.29% 3.64%
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