(Answered) Ying import has several bond issues outstanding each making

Accounting

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		5.2	%		105.06	5	years	$	32,000,000
2		6.7			113.72	8	years		27,000,000
3		6.4			112.27	15.5	years		47,000,000
4		6.0			101.51	25	years		42,000,000

If the corporate tax rate is 34 percent, what is the after tax cost of the company's debt?

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