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iminy s Cricket Farm issued a 2 5 - year, 5 percent semiannual coupon bond 6 years ago. The bond currently sells for 1 0

iminys Cricket Farm issued a 25-year, 5 percent semiannual coupon bond 6 years ago. The bond currently sells for 106 percent of its face value. The companys tax rate is 25 percent. The book value of the debt issue is $45 million. In addition, the company has a second debt issue, a zero coupon bond with 8 years left to maturity; the book value of this issue is $35 million, and the bonds sell for 73 percent of par.
What is the companys total book value of debt?
Note: Enter your answer in dollars, not millions of dollars, e.g.1,234,567.
What is the companys total market value of debt?
Note: Enter your answer in dollars, not millions of dollars, e.g.1,234,567.
What is the aftertax cost of debt?

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