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Intro Lugget Corp. has one bond issue outstanding with an annual coupon of 3.4%, a face value of $1,000 and a price of $876.45, which

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Intro Lugget Corp. has one bond issue outstanding with an annual coupon of 3.4%, a face value of $1,000 and a price of $876.45, which matures in 10 years. The company's tax rate is 31%. Part 1 What is Lugget's pre-tax cost of debt? 3+ decimals Submit Part 2 What is the company's after-tax cost of debt? 4+ decimals Submit Attempt 2/10 for 1 pts. Attempt 1/10 for 1 pts

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