Question 4 5 pts Several years ago, the Jakobe Company wed a $1,000 par value, non-callable bond that now has 20 years to maturity and a 7% annual coupon that is paid semiannually. The bond currently sells for $925, and the company's tax rate is 40%. What is the component after tax cost of debt for use in the WACC calculation Your answer should be between 1.34 and 5:43, rounded to 2 decimal places, with no special characters