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For purposes of estimating WACC, a company's pre-tax cost of debt is: normally higher than its pre-tax cost of equity. the yield-to-maturity on currently outstanding
For purposes of estimating WACC, a company's pre-tax cost of debt is: normally higher than its pre-tax cost of equity. the yield-to-maturity on currently outstanding bonds. the coupon rate on currently outstanding bonds. normally lower than its after-tax cost of debt
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