(Cost of debt) Sincere Stationery Corporaboon needi ta raise $525,000 to inprove its manutacturing plant. it has decided to isswe a $1,000 par vaue bond with an annual coupon rate of 107 percont with interest paid semlannualy and a 15 -year maturity. Invoston fequrn a rete of retum of 8.4 percent a. Compute the market value of the bonds. b. How many bonds wil the firm have to issue to recelve the needed funds? c. What is the firm's ahter-lax cost of debt if the ferris tax rato is 34 percenst