(Cost of debt) Gillian Stationery Corporation needs to ruise $588,000 to improve its manufacturing plant. It has decibed to luswo a 51,000 par value bond wen an aninal coupon rate of 8.2 percent with interest paid semiannualiy and a 15 -year maturity. Investors require a rate of ralum of to 4 pervent. a. Compute the maket value of the bonds. b. How many bonds will the firm have to issue to recoive the needed funds? c. What is the firm's after-tax cost of debt if the firmis tax rate in 34 percent? a. The market value of the bonds is $ (Round to the neareat cent.) b. The number of bonds that the company neods to sell is bonds. (Round up to the nsarest integer) c. The firmis after-tax cost of debt is y. (Round to two decimal places.)