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Ying Import has several bond issues outstanding, each making semiannual interest payments. The bonds are listed in the following table Bond Coupon Price Quote Maturity

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Ying Import has several bond issues outstanding, each making semiannual interest payments. The bonds are listed in the following table Bond Coupon Price Quote Maturity Face Value Rate 2 3 4 5.00% 10318 5years $45,000,000 40,000,000 50,000,000 65,000,000 710 6.30 5.90 112.80 107.4515 1/2 years 102.75 25 years 8 years If the corporate tax rate is 22 percent, what is the aftertax cost of the company's debt? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Cost of debt This is a numeric cell, so please enter numbers only

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