Cosy Corporation 66000 proves mancing plant has decided to 51.000 por and the coupon 72 with a and a 15 minor off 117 percent Camera with How many and the film woh hended With or to the festave te The mouth of the bond Round to the restant) P14-18 (algorithmic) Question Help (Cost of debt) Gillian Stationery Corporation needs to raise $616.000 to improve its manufacturing plant. It has decided to issue a $1,000 par value bond with an annual coupon rate of 72 percent with interest paid semiannually and a 15-year maturity. Investors require a rate of return of 117 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 alter-tax cost of debt if the fum's tax rate is 34 percent? a. The market value of the bonds is sl) Fround to the nearest cent.)