Peyton%u2019s Colt Farm issued a 30-year 7.2 percent semiannual bond 6 years a

Peyton%u2019s Colt Farm issued a 30-year 7.2 percent semiannual bond 6 years ago. The bond currently sells for 87.5 percent of its face value.
The company%u2019s tax rate is 38 percent. The book value of the debt issue is $103 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 $62 million and it sells for 59.0 percent of par.

What is the total book value of debt? (Do not include the dollar sign ($). Enter your answer in dollars not
millions of dollars (e.g. 1234567).)

What is the total market value of debt? (Do not include the dollar sign ($). Enter your answer in dollars not
millions of dollars (e.g. 1234567).)

What is the aftertax cost of debt? (Do not include the percent sign (%). Round your answer
to 2 decimal places (e.g. 32.16).)