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Jiminy's Cricket Farm issued a 15-year, 6 percent semiannual coupon bond 4 years ago. The bond currently sells for 93 percent of its face value.

image text in transcribed Jiminy's Cricket Farm issued a 15-year, 6 percent semiannual coupon bond 4 years ago. The bond currently sells for 93 percent of its face value. The company's tax rate is 23 percent. The book value of the debt issue is $40 million. In addition, the company has a second debt issue, a zero coupon bond with 9 years left to maturity; the book value of this issue is $25 million, and the bonds sell for 67 percent of par. a. What is the company's total book value of debt? Note: Enter your answer in dollars, not millions of dollars, e.g. 1,234,567. b. What is the company's total market value of debt? Note: Enter your answer in dollars, not millions of dollars, e.g. 1,234,567. c. What is the aftertax cost of debt? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16

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