Jiminy's Cricket Farm issued a $30-$year, $4\mathrm{.}5$ 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$

$2$ million. In addition, the company has a second debt issue on the market, a zero coupon bond with eight years left to maturity; the book value of this issue is $$30$ million, and the bonds sell for $81$ percent of par. What is the company's total book value of debt? The total market value? What is your best estimate of the aftertax cost of debt? The company's tax rate is $22$ percent.

Book value of debt

Market value of first bond

Market value of second bond

Market value of debt

Pretax cost of first issue

Aftertax cost of first issue

Pretax cost of second issue

Aftertax cost of second issue

Weight of first bond

Weight of second bond

Aftertax cost of debt

$\backslash$table$[[$$$105,000,000$