Cost of debt with fees. Dunder-Mifflin, Inc. (DMI) is selling 600,000 bonds to raise money for the publication of new magazines in the coming year. The bonds will pay a coupon rate of 14.8% with semiannual payments and will mature in 30 years. Its par value is $100. DMI hires an investment banker for the sale of the 600,000 bonds. The investment banker charges a fee of 1% on each bond sold. What is the cost of debt to DMI if the following are the proceeds before the banker's fees are deducted? a. $44,652,000 b. $51,726,000 c. $65,760,000 d. $73,494,000 a. What is the cost of debt to DMI if the bond proceeds are $44,652,000 before the banker's fees are deducted? % (Round to two decimal places.) b. What is the cost of debt to DMI if the bond proceeds are $51,726,000 before the banker's fees are deducted? % (Round to two decimal places.) c. What is the cost of debt to DMI if the bond proceeds are $65,760,000 before the banker's fees are deducted? % (Round to two decimal places.) d. What is the cost of debt to DMI if the bond proceeds are $73,494,000 before the banker's fees are deducted? % (Round to two decimal places.) M