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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 ______. a. the cost of accounts payable b. equity c. long-term government bonds d. collateralized debt obligations
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