Question
If a firm does not have publicly traded debt and therefore does not have a yield to maturity as an estimate for its cost of
If a firm does not have publicly traded debt and therefore does not have a yield to maturity as an estimate for its cost of debt, a common p4reactice is the estimate the cost of debt by adding a premium to the rate on _________
a. the cost of accounts payable
b. equity
c. long-term government bonds
d. collateralized debt obligations
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Introduction to Finance Markets, Investments and Financial Management
Authors: Ronald W. Melicher, Edgar A. Norton
16th edition
1119398282, 978-1-119-3211, 1119321115, 978-1119398288
