(c) How much cash would Deere have to pay to repurchase the 7.125% notes at the quoted market price of 134.46. (Assume no interest is owed when Deere repurchases the notes.) Round your answer to two decimal places. x million How would the repurchase affect Deere's current income? The repurchase would result in a loss on repurchase of debentures, which would lower current income. Cash and bonds payable both decrease by the same amount. No gain or loss is recognized. The repurchase only affects cash flow, not income. Olncome is not affected because the liability has been reported at fair value since inception. As a result, the repurchase price is equal to the book value and no gain or loss is recognized. (d) Assuming that the notes remain outstanding until their maturity, at what market price will the notes sell on their due date in 2031? $ * million