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Intro Lugget Corp. has one bond issue outstanding with an annual coupon of 3.9%, a face value of $1,000 and a price of $1,076.77, which

image text in transcribed Intro Lugget Corp. has one bond issue outstanding with an annual coupon of 3.9%, a face value of $1,000 and a price of $1,076.77, which matures in 10 years. The company's tax rate is 26%. Part 1 Attempt 1/10 for 10 pts. What is Lugget's pre-tax cost of debt? Part 2 Attempt 1/10 for 10 pts. What is the company's after-tax cost of debt

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