Question: Intro Lugget Corp. has one bond issue outstanding with an annual coupon of 4.4%, a face value of $1,000 and a price of $953.67, which

Intro Lugget Corp. has one bond issue outstanding with an annual coupon of 4.4%, a face value of $1,000 and a price of $953.67, which matures in 10 years. The company's tax rate is 26%. Part 1 To Attempt 1/6 for 10 pts. What is Lugget's pre-tax cost of debt? 3+ decimals Submit Part 2 What is the company's after-tax cost of debt? IB Attempt 1/6 for 10 pts. 4+ decimals Submit

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