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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 Rate Price Quote

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

Bond Coupon Rate Price Quote Maturity Face Value
1 6.5% 106.46 5 years $ 45,000,000
2 8.0 115.02 8 years 40,000,000
3 7.7 113.57 15.5 years 60,000,000
4 7.3 102.81 25 years 67,000,000

If the corporate tax rate is 25 percent, what is the aftertax cost of the companys debt? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

I got 4.69% but it was not correct. Please help.

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