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Jiminy's Cricket Farm issued a 30-year, 5.9 percent semiannual bond 7 years ago. The bond currently sells for 106.6 percent of its face value. The

Jiminy's Cricket Farm issued a 30-year, 5.9 percent semiannual bond 7 years ago. The bond currently sells for 106.6 percent of its face value. The book value of this debt issue is $137 million. In addition, the company has a second debt issue, a zero coupon bond with 11 years left to maturity; the book value of this issue is $69 million, and it sells for 59.9 percent of par. The companys tax rate is 22 percent.
What is the total book value of debt? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole number, e.g., 1,234,567.)
What is the total market value of debt? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole number, e.g., 1,234,567.)
What is the aftertax cost of the 5.9 percent coupon bond? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
What is the aftertax cost of the zero coupon bond? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
What is the aftertax cost of debt? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
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Quiz 5 Chapters 11 & 12 Saved Help Save 1 Jiminy's Cricket Form Issued a 30 year, 5.9 percent semiannual bond 7 years ago. The bond currently sells for 106,6 percent of its face value. The book value of this dest issue is $137 million. In addition, the company has a second debt issue a zero coupon bond with 11 years left to maturity, the book value of this issue is $69 million, and it sells for 59.9 percent of par. The company's tax rate is 22 percent What is the total book value of debt? (Do not round Intermedinte calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole number, eg. 1.234,567.) 02:34:00 Total book value at det 5 200.000.000 What is the total market value of debt? (Do not round Intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole number, e.g. 1,234,567) Total market value 5 10373 000) ep Save QU Supers 1140 12.10.) 1 Am Wat te cost of the core coupon hond De not round intermediate calculations and enter your answers percent rounded to 2 decimal places.-9. 32.163 What is the hewcost of debt Do not found intermedime calculations and yeur were percent rounded to 2 decimal places. *9.12.16) 1 What is the aberta cost of the 5.9 percent coupon bond? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places. e... 32.16.) 00:00 What is the cost of the ero coupon bond? (Do not round Intermediate calculations and enter your answer as a percent rounded 10 2 decimal places, ... 32.163 What is the attente cost of ef? Do not round intermediate calculations and enter your answer as e percent rounded to 2 decimal pinces, ... 32.16) A

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