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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 6.2 % 106.06 5 years $ 42,000,000
2 7.7 114.72 8 years 37,000,000
3 7.4 113.27 15.5 years 57,000,000
4 7.0 102.51 25 years 52,000,000

If the corporate tax rate is 30 percent, what is the aftertax cost of Ying

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