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Format Office Update To keep up-to-date with security updates, fixes, and improver Corp. issued a 15-year, 6 percent semiannual bond 2 o. The bond currently

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Format Office Update To keep up-to-date with security updates, fixes, and improver Corp. issued a 15-year, 6 percent semiannual bond 2 o. The bond currently sells for 95 percent of its face e book value of the debt issue is $60 million. In the company has a second debt issue on the market, upon bond with 15 years left to maturity; the book this issue is $35 million and the bonds sell for 51 2 pf par. The company's tax rate is 40 percent. 3 4 he company's total book value of debt? 6 pok value 8 he company's total market value of debt? 10 arket value 12 your best estimate of the aftertax cost of debt? 13 14 debt 15 16 17 18 19 20 21

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