Question 4 Severaf years ago, the Jakobe Company issued a 51,000 par value, non-callable bond that now has 20 years to maturity and a 7x annual coupen that baid enn The bond currently sells for $985, and the company's tax rate is 40. What is the component after-tax cost of debt for use in the Whec calcularion? Your answer shoukd be between 3.34 and 5.43, rounded to 2 decimal places, with no speciai characters