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Lugget Corp. has one bond issue outstanding with an annual coupon of 4.1%, a face value of $1,000 and a price of $930.5, which matures

image text in transcribed Lugget Corp. has one bond issue outstanding with an annual coupon of 4.1%, a face value of $1,000 and a price of $930.5, which matures in 10 years. The company's tax rate is 34%. Part 1 Attempt 1/3 for 10 pts. What is the company's after-tax cost of debt

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