Liu Industrial Machines issued 149,000 zero coupon bonds six years ago. The bonds originally had 30 years to maturity with a yield to maturity of 74 percent. Interest rates have recently increased, and the bonds now have a yield to maturity of 8.5 percent. What is the price of the bonds? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Bond price 141 15 D What is the market value of the company's debt? (Do not round intermediate calculations and enter your answer dollars, not millions of dollars, e... 1.234.567. Round your answer to 2 decimal places, e.g. 32.16.) Market value 67431350 if the company has a $46.4 million market value of equity, what weight should it use for debt when calculating the cost of capital? (Do not round intermediate calculations and round your answer to 4 decinal places, 0.g. 32.1616.) Weight of debt 0.3118 References eBook & Resources Worksheet Difficulty: 1 Basic Section: 12.4 The Weighted Average cost of capital Problem 12-19 Calculating Capital Structure Weights [LO 3] Learning Objective: 12-03 Determine a firms Overall cost of capital Check my work