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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

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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 is 34 percent, what is the aftertax cost of Ying's debt? Bond Coupon Rate Price Quote Maturity Face Value $ 25,000,000 1 5.7% 107 5 years 234 6.8 114 8 years 40,000,000 6 105 21 years 41,000,000 6.9 118 34 years 62,000,000 Multiple Choice 3.3% 3.44% 3.26% 5.21% 3.61%

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