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Jiminy s Cricket Farm issued a 3 0 - year, 5 . 9 percebt semiannual bond 7 years ago. The bond currently sells for 1
Jiminys Cricket Farm issued a year, percebt semiannual bond years ago. The bond
currently sells for percent of its face value. 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 company's total market value of debt?what is the total book value of debt? What is the aftertax cost of the percent coupon bond? What is the aftertax cost of the zero coupon bond?
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