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 11.7% 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 33% 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.$45,084,000 b.$51,612,000 c.$74,286,000 d.$80,454,000 a. What is the cost of debt to DMI if the bond proceeds are $45,084,000 before the banker's fees are deducted? b.What is the cost of debt to DMI if the bond proceeds are $51,612,000 before the banker's fees are deducted? c.What is the cost of debt to DMI if the bond proceeds are $74,286,000 before the banker's fees are deducted? d.What is the cost of debt to DMI if the bond proceeds are $80,454,000 before the banker's fees are deducted?