Ying Import has several bond issues outstanding, each making semiannual interest payments. The bonds are listed in the table.

If the corporate tax return rate is 25 percent, what is the aftertax cost of the company's debt? (Do not round intermiediate calculations and enter your awnser as a percent rounded to 2 decimal places)

Bond Coupon Rate Price Quote 1 8.50% 106.5 2. 7.00 93.9 3 8.20 105.3 4 8.70 95.1 Maturity 5 years 8 years 15.5 years 25 years Face Value $24,000,000 34,000,000 39,000,000 54,000,000