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Pearce's Cricket Farm issued a 25 year, 8% semiannual bond 3 years ago. The bond currently sells for 93% of its face value The company's

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Pearce's Cricket Farm issued a 25 year, 8% semiannual bond 3 years ago. The bond currently sells for 93% of its face value The company's tax rate is 35% Suppose the book value of the debt issue is $45 million. In addition, the company has a second debt issue on the market. 4 zero coupon bond with 13 years left to maturity, the book value of this issue is $45 million and the bonds sell for 53% of par Assume the par value of the band is $1.000 What is the company's total book value of debt? (Enter the answer in dollars, Omit $ sign in your response.) Total book value $ Whot is the company's total market value of debt? (Enter the answer in dollars, Omit $ sign in your response.) Total market value $ What is your best estimate of the after-tox cost of debt? (Do not round intermediate calculations. Enter your answer as a percentege rounded to 2 decimnl places.) Cost of debt

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