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Estimate the company's before-tax cost of debt using the current yield to maturity (YTM) on its outstanding long-term bonds. To obtain market information on the
Estimate the company's before-tax cost of debt using the current yield to maturity (YTM) on its outstanding long-term bonds. To obtain market information on the company's outstanding bonds, go to https://www.finra.org/finra-data/fixed-income/about-cna-data Check the agreement box and click on View Data. Then type the company name in the Issuer Name box and click on Show Results. A list of the company's outstanding bond issues will appear on the bottom of the page. Bond issues may be listed on multiple pages. Assume that the company's policy is to use the current yield on its long-term debt obligations as its cost of debt. Find the bond issue with the longest time to maturity
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