dunder-mifflin inc. (dmi) is selling 600,000 bonds to raise money for new magazines to be published in the coming year. the bonds will pay a coupon rate of 13.1% on semiannual payments. The par value of the bond is $100, and the bond will mature in 30 years. 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 after the investment banker's fee if the bonds proceeds are the following? a. $42,474,000

b. $51,462,000

c. $69,552,000

d. $76,002,000

A. What is the cost of debt to DMI if the bonds raise to $57,990,000?

B. What is the cost of debt to DMI if the bonds raise to $51,780,000?

C. What is the cost of debt to DMI if the bonds raise to $69,696,000?

D. What is the cost of debt to DMI if the bonds raise to $74,070,000?