Intro Lugget Corp. has one bond issue outstanding with an annual coupon of 3.4%, a face value of $1,000 and a price of $876.45, which matures in 10 years. The company's tax rate is 31%. Part 1 What is Lugget's pre-tax cost of debt? 3+ decimals Part 2 What is the company's after-tax cost of debt? 4+ decimals