P14-8 Calculating Cost of Debt [LO2] Jiminy's Cricket Farm issued a 30-year, 6 percent semi-annual bond 9 years ago. The bond currently sells for 80 percent of its face value. The book value of the debt issue is $23 million. The company's tax rate is 34 percent In addition, the company has a second debt issue on the market, a zero coupon bond with 9 years left to maturity, the book value of this issue is $75 million and the bonds sell for 76 percent of par. Required (a) What is the company's total book value of debt? (Do not round your intermediate calculations.) (Click to select) v (b) What is the company's total market value of debt? (Do not round your intermediate calculations.) (Click to select) v (c) What is your best estimate of the aftertax cost of debt? (Do not round your intermediate calculations.) (Click to select)