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 13.3% 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 2% 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. $46,308,000 b. $51,408,000 c. $64,290,000 d. $73,704,000 a. What is the cost of debt to DMI if the bond proceeds are $46,308,000 before the banker's fees are deducted? \% (Round to two decimal places.) b. What is the cost of debt to DMl if the bond proceeds are $51,408,000 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 $64,290,000 before the banker's fees are deducted? \% (Round to two decimal places.) d. What is the cost of debt to DMl if the bond proceeds are $73,704,000 before the banker's fees are deducted? \% (Round to two decimal places.)