Ying Import has several bond issues outstanding, each making semiannual interest payments. The bonds are...
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Ying Import has several bond issues outstanding, each making semiannual interest payments. The bonds are listed in the table below Price Quote 105.8 94.6 104.6 106.5 Maturity 4 years 7 years 14.5 years 24 years Face Value $28,000,000 48,000,000 53,000,000 68,000,000 Bond Coupon Rate 8.80% 7.00 8.50 9.00 Required: What is the market value of each of the company's bonds? (Enter your answer in dollars, not millions of dollars (e.g., 1,234,567).) Bond Market value 4 What is the market value weight of each of the company's bonds? (Round your answers to 4 decimal places (e.g., 32.1616) Bond Weight 2 4 What is the YTM of each of the company's bonds? (Input your answers as a percentage rounded to 2 decimal places (e.g., 32.16).) Bond 4 If the corporate tax rate is 40 percent, what is the aftertax cost of the company's debt? (Do not round intermediate calculations. Enter your answers as a percentage rounded to 2 decimal places (e.g., 32.16).) Aftertax cost of debt
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