Jiminy's Cricket Farm issued a $20-$year, $4\mathrm{.}6$ percent semiannual bond $4$ years ago. The

bond currently sells for $93$ percent of its face value. The book value of the debt issue is

$$50$ million. In addition, the company has a second debt issue on the market, a zero

coupon bond with $11$ years left to maturity; the book value of this issue is $$40$ million, and

the bonds sell for $51$ percent of par. The company's tax rate is $21$ percent.

a$.$ What is the company's total book value of debt? $($Do not round intermediate

calculations and 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? $($Do not round intermediate

calculations and 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$.,$

$32\mathrm{.}16.)$