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 34%. Part 1 18 Attempt 1/10 for 10 pts. What is Lugget's pre-tax cost of debt? 4+ decima Submit Part 2 IB Attempt 1/10 for 10 pts. What is the company's after-tax cost of debt? 4+ decima Submit
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