(Cost of debt) Gillian Statonery Corporation needs to raise $610,000 to improve iss manufacturing plant. It has decided to issue a $1,000 par value bond with an annual coupcn rate of 7.8 percent with interest paid semlannualy and a 15 -year maturity trivestors tequire a rate of return of 10.7 percent. a. Compute the market value of the bonds. b. How many bonds will the firm have to issue to receive the needed funds? c. What is the firm's after-tax cont of debt if the firm's tax rate is 34 percent? a. The market value of the bonds is $ (Round to the nearest cent) b. The number of bonds that the company needs to set is bonds. (Round up to the nearest integer.) c. The firm's after-tax cost of debe is K. (Round to two decimal placos)