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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 practice is to estimate the cost of debt by adding a premium to the rate on ______.

the cost of accounts payable

equity

long-term government bonds

collateralized debt obligations

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