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Intro Lugget Corp. has one bond issue outstanding with an annual coupon of 4.1%, a face value of $1,000 and a price of $1,008.11, which

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Intro Lugget Corp. has one bond issue outstanding with an annual coupon of 4.1%, a face value of $1,000 and a price of $1,008.11, which matures in 10 years. The company's tax rate is 25%. Part 1 What is Lugget's pre-tax cost of debt? 4.1% Try again Try again 3.075% See solution (-0.2 pts.) Part 2 What is the company's after-tax cost of debt? Try again BAttempt 1/10 for 1 pts. BAttempt 1/10 for 1 pts

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