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please answer the following Explain why an investor's yield to maturity for a company's bonds may differ from that company's cost of debt. different cost
please answer the following
Explain why an investor's yield to maturity for a company's bonds may differ from that company's cost of debt. different cost of equity flotation costs and a different WACC transaction costs and tax benefit transaction costs and tax penalty The investor's yield to maturity will equal the firm's debt cost of capital if all tax benefits are incorporated. tax considerations are incorporated. there are no flotation costs or tax benefits. all flotation costs are incorporated Step by Step Solution
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