$66 million 5% 7% semi-annually 120 Consider the following company, Book Value of Debt YTM Coupon Coupon Payments Years Corporate Tax Rate # of Preferred Shares Price of Preferred Share Dividend per Preferred Shares Wof Common Shares Price of Common Share B of Common Stock Risk-Free Rate 38% 1.5 million $29 $1.24 3.5 million $18 0.9 3% Market Return 14% What is the market value of the debt? Enter your answer in terms of millions and rounded to 2 DECIMAL PLACES. Enter your response below. Number million Click "Verity to proceed to the next part of the question Submit Assignment Quit & Save