Several years ago the Jason Company sold a $$1,000$ par value, non$-$callable bond that now has $20$ years to maturity and a $7\mathrm{.}00\%$ annual coupon that is paid semiannually. The bond currently sells for $$925$ and the company's tax rate is $40\%.$ What is the company's after$-$tax cost of debt component that it will use in its WACC calculation?

$5\mathrm{.}035\%$

$4\mathrm{.}832\%$

$4\mathrm{.}360\%$

$4\mathrm{.}940\%$

$4\mathrm{.}646\%$