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- Discuss what the cost of debt is, mention the formula used to compute the cost of debt, and what the cost of debt means

- Discuss what the cost of debt is, mention the formula used to compute the cost of debt, and what the cost of debt means to a company and the investor (Debt/Bond Holder)

- what does it mean when the market value of debt is lower/higher than the book value?

-vWhat does cost of debt represent?

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