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Intro Lugget Corp. has one bond issue outstanding with an annual coupon of 4%, a face value of $1,000 and a price of $1,085.3, which

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Intro Lugget Corp. has one bond issue outstanding with an annual coupon of 4%, a face value of $1,000 and a price of $1,085.3, which matures in 10 years. The company's marginal tax rate is 30%. Part 1 Attempt 1/3 for 10 pts. What is Lugget's pre-tax cost of debt? Part 2 Attempt 1/3 for 10 pts. What is the company's after-tax cost of debt

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