10, Ying Import has several bond issues outstanding, each making semiannual interest payments. The bonds are listed...

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Finance

10,
Ying Import has several bond issues outstanding, each makingsemiannual interest payments. The bonds are listed in the followingtable. If the corporate tax rate is 33 percent, what is theaftertax cost of Ying's debt?

Bond
Coupon Rate
Price Quote
Maturity
Face Value
1 5.8%      107      7 years        $ 21,000,000
2 6.8         116      10 years        43,000,000
3 6         110      18.5 years        49,000,000
4 6.8         123      31.5 years        62,000,000

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10,Ying Import has several bond issues outstanding, each makingsemiannual interest payments. The bonds are listed in the followingtable. If the corporate tax rate is 33 percent, what is theaftertax cost of Ying's debt? BondCoupon RatePrice QuoteMaturityFace Value15.8% 107 7 years $ 21,000,000 26.8 116 10 years 43,000,000 36 110 18.5 years 49,000,000 46.8 123 31.5 years 62,000,000

Bond	Coupon Rate	Price Quote	Maturity	Face Value
1	5.8%	107	7 years	$ 21,000,000
2	6.8	116	10 years	43,000,000
3	6	110	18.5 years	49,000,000
4	6.8	123	31.5 years	62,000,000