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the ____ is cited by the author as a reason for using just one rate, a long-term yield, as the average cost of debt financing
the ____ is cited by the author as a reason for using just one rate, a long-term yield, as the average cost of debt financing for a firm that has multiple issues of debt with varying maturities. a. efficient markets hypothesis b. market substitution theory c. biased expectation theory d. unbiased expectations theory
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