Years ago, Bustle Company sold a $$1,000$ par value bond that now has $35$ years to maturity and an $8\mathrm{.}00\%$ annual coupon that is paid quarterly. The bond currently sells for $$865,$ and the company$$s tax rate is $40\%.$ What is the component cost of debt for use in the WACC calculation? MUST SHOW WORK

Group of answer choices

$5\mathrm{.}04\%$

$5\mathrm{.}02\%$

$4\mathrm{.}77\%$

$5\mathrm{.}59\%$

$6\mathrm{.}29\%$