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Jiminy's Cricket Farm issued a bond with 3 0 years to maturity and a semiannual coupon rate of 5 percent 6 years ago. The bond
Jiminy's Cricket Farm issued a bond with years to maturity and a semiannual coupon rate of percent years ago. The bond currently sells for percent of its face value. The company's tax rate is percent. The book value of the debt issue is $ million. In addition, the company has a second debt issue on the market, a zero coupon bond with years left to maturity; the book value of this issue is $ million, and the bonds sell for percent of par.
What is the company's total book value of debt?
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