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Jiminy's Cricket Farm issued a 3 0 - year, 4 . 5 percent semiannual bond three years ago. The bond currently sells for 1 0

Jiminy's Cricket Farm issued a 30-year, 4.5 percent semiannual bond three years ago. The bond currently sells for 104 percent of its
face value. The book value of the debt issue is $75 million. In addition, the company has a second debt issue, a zero coupon bond
with eight years left to maturity; the book value of this issue is $30 million, and it sells for 81 percent of par. The company's tax rate is
22 percent.
a. What is the total book value of debt?
Note: Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e.g.,1,234,567.
b. What is the total market value of debt?
Note: Do not round intermediate calculations and 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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