37. The current stock price for a company is $42 per share, and there are 6 million shares outstanding. This firm also has 260,000 bonds outstanding, which pay interest semiannually. If these bonds have a coupon interest rate of 6%, 30 years to maturity, a face value of $1,000, and an annual yield to maturity of 7%, what is the total market value of this firm? (Answer to the nearest dollar, but do not use a dollar sign).

35. Suppose you are trying to estimate the after tax cost of debt for a firm as part of the calculation of the Weighted Average Cost of Capital (WACC). The corporate tax rate for this firm is 31%. The firm's bonds pay interest semiannually with a 6.2% coupon rate and have a maturity of 16 years. If the current price of the bonds is $1,045.22, what is the after tax cost of debt for this firm? (Answer to the nearest tenth of a percent, e.g. 12.3%, but do not use a percent sign).