iminys Cricket Farm issued a bond with 20 years to maturity and a semiannual coupon rate of 5 percent 2 years ago. The bond currently sells for 96 percent of its face value. The companys tax rate is 21 percent. The book value of the debt issue is $55 million. In addition, the company has a second debt issue on the market, a zero coupon bond with 8 years left to maturity; the book value of this issue is $30 million, and the bonds sell for 67 percent of par.

a.	What is the companys total book value of debt? (Enter your answer in dollars, not millions of dollars, e.g. 1,234,567.)
b.	What is the companys total market value of debt? (Enter your answer in dollars, not millions of dollars, e.g. 1,234,567.)
c.	What is your best estimate of the aftertax cost of debt? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Dinklage Corp. has 7 million shares of common stock outstanding. The current share price is $83, and the book value per share is $8. The company also has two bond issues outstanding. The first bond issue has a face value of $140 million, a coupon rate of 6 percent, and sells for 94 percent of par. The second issue has a face value of $125 million, a coupon rate of 5 percent, and sells for 105 percent of par. The first issue matures in 25 years, the second in 8 years. Both bonds make semiannual coupon payments.

a.	What are the company's capital structure weights on a book value basis? (Do not round intermediate calculations and round your answers to 4 decimal places, e.g., .1616.)
b.	What are the companys capital structure weights on a market value basis? (Do not round intermediate calculations and round your answers to 4 decimal places, e.g., .1616.)