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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

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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 30 percent, what is the aftertax cost of Ying's debt? Bond Coupon Rate Price Quote Maturity Face Value $ 18,000,000 1 6.5% 109 WN 71 6.4 7.5 117 111 124 6 years 11 years 23 years '36 years 36,000,000 42,000,000 63,000,000 4 7

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