Jiminys Cricket Farm issued a bond with 20 years to maturity and a semiannual coupon rate of 7 percent 5 years ago. The bond currently sells for 94 percent of its face value. The companys tax rate is 24 percent. The book value of the debt issue is $45 million. In addition, the company has a second debt issue on the market, a zero coupon bond with 10 years left to maturity; the book value of this issue is $30 million, and the bonds sell for 65 percent of par.

What is the company's total book value of debt?

What is the company's total market value of debt?