norder to accurately assess the capital structure of a firm, it is necessary to convert its balance sheet figures from historical book values to narket values. KJM Corporation's balance sheet (book values) as of today is as follows: The bonds have a 9.3% coupon rate, payable semiannually, and a par value of $1,000. They mature exactly 10 years from today. The yield to maturity is 12%, so the bonds now sell below par. What is the current market value of the firm's debt? Do not round your intermediate calculations. a. $19,914,933 b. $19,732,530 c. $20,613,193 d. $21,396,761 e. $19,861,167