Jiminy's Cricket Farm issued a $30-$year, $8$ percent coupon bond $3$ years ago. The bond makes semi$-$annual coupon payments and sells for $85$ percent of its face value. The face value of the debt issue is $$24$ million and the yield to maturity is $9\mathrm{.}555\%.$ Note: YTM for coupon bonds is quoted as an APR with semi$-$annual compounding.

In addition, the company has a second debt issue on the market, a zero coupon bond with $3$ years left to maturity; the face value of this issue is $$80$ million and the bonds sell for $80$ percent of face value. Note: Zero$-$coupon bonds only make one payment: face value which is paid at maturity.

Required:

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

$$

$($b$)$What is the company's total market value of debt? $($Do not round your intermediate calculations.$)$

$($Click to select$)$

$($c$)$ What is the pre$-$tax cost of debt for the zero coupon bond? Report this as an APR with semi$-$annual compounding. $($Enter your answer as a percent, rounding to three decimals.$)\%$

$($d$)$The company's tax rate is $34$ percent. What is the company's after$-$tax cost of debt? Report this as an APR with semi$-$annual compounding. $($Do not round your intermediate calculations.$)$

$($Click to select$)vv$