Jiminy's Cricket Farm issued a 30-year, 7.4 percent semiannual bond 6 years ago. The bond currently sells for 85 percent of its face value. The book value of this debt issue is $108 million. In addition, the company has a second debt issue, a zero coupon bond with 9 years left to maturity; the book value of this issue is $67 million, and it sells for 61.5 percent of par. The company's tax rate is 38 percent.

Requirement 1: What is the total book value of debt? (Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars (e.g., 1,234,567).)

Requirement 2 What is the total market value of debt? (Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars (e.g., 1,234,567).

Requirement 3: What is the aftertax cost of debt? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).