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The required rate of return on new bond financing is estimated as the: A. Coupon rate on the company's existing debt B. The yield to

The required rate of return on new bond financing is estimated as the:

A. Coupon rate on the company's existing debt

B. The yield to maturity (YTM) on the company's existing debt

C. The price of the company's existing bonds

D. The interest rate on a company's bank loan

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