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Jiminys Cricket Farm issued a 15-year, 4 percent semiannual coupon bond 2 years ago. The bond currently sells for 91 percent of its face value.

Jiminys Cricket Farm issued a 15-year, 4 percent semiannual coupon bond 2 years ago. The bond currently sells for 91 percent of its face value. The companys tax rate is 21 percent. The book value of the debt issue is $30 million. In addition, the company has a second debt issue, a zero coupon bond with 7 years left to maturity; the book value of this issue is $20 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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