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QUESTION 27 Which of the following statements are true regarding cost of debt? 1. One method computes the coupon rate on existing debt. II. One

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QUESTION 27 Which of the following statements are true regarding cost of debt? 1. One method computes the coupon rate on existing debt. II. One method uses estimates based on the bond rating expected on new debt. III. It represents the required return on a company's debt None of these items is true regarding cost of debt. oll and III only O land Il only O I, II, and III Ill only

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