Question: You have until 6:18 PM to complete this assignment. Intro Lugget Corp. has one bond issue outstanding with an annual coupon of 4.2%, a face

You have until 6:18 PM to complete this assignment. Intro Lugget Corp. has one bond issue outstanding with an annual coupon of 4.2%, a face value of $1,000 and a price of $1,197.62, which matures in 10 years. The company's tax rate is 26%. Part 1 Attempt 1/3 for 10 pts. What is the company's after-tax cost of debt
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