file:///Users/kierstenbelkoff/Downloads/Homework%204%20-%20Costco%2010K%202018%20(1).pdf

4. What is the fair value of Costco's long-term debt, including the current portion, at the end of fiscal 2018? Is the average market interest for Costco at the end of fiscal year 2018 higher lower than the historical interest rate at the time of Costco's debt issuance? Use information from Note 4 to answer this question. (Note that like most firms, Costco uses the term carrying value to denote book value.) 4. What is the fair value of Costco's long-term debt, including the current portion, at the end of fiscal 2018? Is the average market interest for Costco at the end of fiscal year 2018 higher lower than the historical interest rate at the time of Costco's debt issuance? Use information from Note 4 to answer this question. (Note that like most firms, Costco uses the term carrying value to denote book value.)