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Jiminy's Cricket Farm issued a 30-year. 6 percent semi-annual bond 4 years ago. The bond currently sells for 89 percent of its face value. The

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Jiminy's Cricket Farm issued a 30-year. 6 percent semi-annual bond 4 years ago. The bond currently sells for 89 percent of its face value. The book value of the debt issue is $20 million. The company's tax rate is 32 percent. In addition, the company has a second debt issue on the market, a zero coupon bond with 4 years left to maturity; the book value of this issue is $85 million and the bonds sell for 74 percent of par

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