Question Help Assigned Media Cost of debt Dunder-Miftin, Inc. (DMI) is selling 600,000 bonds to raise money for the publication of new magazines in the coming year The bond will pay a coupon rate of 8.6% with semiannual payments and will mature in 30 years. Its par value is $100. What is the cost of debt to DMI if the bonds raise the following amounts (Ignoring issuing costs)? a. $57,702,000 b. $56,754 000 c. $68,070,000 d. $83,646,000 a. What is the cost of debt to DMI i the bonds raise 557,702,000? % (Round to two decimal places.)