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 company's tax rate is 22 percent

For the firm in the previous problem, suppose the book value of the debt issue is $75 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 BI percent of par. What is the company's total book value of debt? The total market value? What is your best estimate of the after-tax cost of debt now?