Problem 12-7 Calculating Cost of Debt [LO2] Jiminy's Cricket Farm issued a 30-year, 7 percent semiannual coupon bond 6 years ago. The bond currently sells for 96 percent of its face value. The company's tax rate is 25 percent. The book value of the debt issue is $60 million. In addition, the company has a second debt issue, a zero coupon bond with 9 years left to maturity; the book value of this issue is $35 million, and the bonds sell for 73 percent of par: a. What is the company's total book value of debt? Note: Enter your answer in dollars, not millions of dollars, e.g. 1,234,567. b. What is the company's total market value of debt? Note: Enter your answer in dollars, not millions of dollars, e.g. 1,234,567. c. What is the aftertax cost of debt? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.9., 32.16