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Jiminy s Cricket Farm issued a 2 5 - year, 6 percent semiannual coupon bond 2 years ago. The bond currently sells for 1 0
Jiminys Cricket Farm issued a year, percent semiannual coupon bond years ago. The bond currently sells for percent of its face value. The companys tax rate is percent. The book value of the debt issue is $ million. In addition, the company has a second debt issue, a zero coupon bond with years left to maturity; the book value of this issue is $ million, and the bonds sell for percent of par.
What is the companys total book value of debt?
Note: Enter your answer in dollars, not millions of dollars, eg
What is the companys total market value of debt?
Note: Enter your answer in dollars, not millions of dollars, eg
What is the aftertax cost of debt?
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