11) Question 3, P11-4 (similar to) Part 1 of 4 HW Score: 40%, 2 of 5 points Points: 0 of 1 Save Cost of debt Dunder-Mifflin, Inc. (DMI) is selling 600,000 bonds to raise money for the publication of new magazines in the coming year. The bond will pay a coupon rate of 9.3% with semiannual payments and will mature in 30 years. Its par value is $100. What is the cost of debt to DMI if the bonds raise the following amounts (ignoring issuing costs)? a. $57,222,000 b. $51,192,000 c. $62,628,000 d. $82,770,000 a. What is the cost of debt to DMI if the bonds raise $57,222,000? % (Round to two decimal places.)