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  3. jiminy's cricket farm issued a 30-year. 8 percent

Jiminy's Cricket Farm issued a 30-year. 8 percent semiannual bond 7 years ago. The bond...

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Jiminy's Cricket Farm issued a 30-year. 8 percent semiannual bond 7 years ago. The bond currently sells for 95 percent of its face value. The company's tax rate is 35 percent. (Do not include the percent signs (%). Round your answers to 2 decimal places, (e.g., 32.16)) (a) The pretax cost of debt is percent. (b) The aftertax cost debt is percent. (c) The | (Click to select) [rate is more relevant

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