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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 5.7 % 105.56 5 years $ 37,000,000
2 7.2 114.22 8 years 32,000,000
3 6.9 112.77 15.5 years 52,000,000
4 6.5 102.01 25 years 47,000,000

If the corporate tax rate is 35 percent, what is the aftertax cost of Ying

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