Jiminy's Cricket Farm issued a 1 5 - year, 4 . 1 percent semiannual bond 2 years
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Question:
Jiminy's Cricket Farm issued a year, percent semiannual bond years ago. The bond currently sells for percent of its face value. The book value of the debt issue is $ million. In addition, the company has a second debt issue on the market, a zero coupon bond with years left to maturity; the book value of this issue is $ million, and the bonds sell for percent of par. The companys tax rate is percent.What is the company's total book value of debt?Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, egWhat is the company's total market value of debt?Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, egWhat is your best estimate of the aftertax cost of debt?Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
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