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Jiminy's Cricket Farm issued a 30-year, 7 percent semi-annual bond 5 years ago. The bond currently sells for 82 percent of its face value. The

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Jiminy's Cricket Farm issued a 30-year, 7 percent semi-annual bond 5 years ago. The bond currently sells for 82 percent of its face value. The book value of the debt issue is $17 million. The company's tax rate is 35 percent In addition, the company has a second debt issue on the market, a zero coupon bond with 5 years left to maturity; the book value of this issue is $82 million and the bonds sell for 77 percent of par. Required: (a) What is the company's total book value of debt? (Do not round your intermediate calculations.) (Click to select) (b) What is the company's total market value of debt? (Do not round your intermediate calculations.) (Click to select) (c) What is your best estimate of the aftertax cost of debt? (Do not round your intermediate calculations.) (Click to select) 2020 MCHI Education. Ang ved

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