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Category > Business & Finance Posted 14 Jun 2017 My Price 15.00

Ying Import has several bond issues outstanding, each making semiannual interest payments

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     5.6 %     105.46     5 years   $ 36,000,000  
2     7.1       114.12     8 years     31,000,000  
3     6.8       112.67     15.5 years     51,000,000  
4     6.4       101.91     25 years     46,000,000  
 

If the corporate tax rate is 30 percent, what is the aftertax cost of YingAc€?cs debt? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

  Cost of debt %

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(8)
Status NEW Posted 14 Jun 2017 08:06 AM My Price 15.00

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file 1497427296-1334604_1_636329474474109918_1334604.docx preview (89 words )
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