How can managers estimate their firms cost of long-term debt prior to meeting with a lender?

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Introduction to Corporate Finance

ISBN: 978-0324657937

2nd edition

Authors: Scott B. Smart, William L Megginson

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Question Posted: May 13, 2015 06:01 AM

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Calculate embedded cost of long term debt for the following long term debt: 2012 Amount $1,034 764 1265 984 354 2013 Amount $999 698 1176 1023 322 Rate of interest 7.21% 6.95% 6.42% 5.34% 6.02%
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How can managers estimate their firms cost of long-term debt prior to meeting with a lender?

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Introduction to Corporate Finance

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