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You want to estimate the cost of debt for a US based corporation. Unfortunately, this firm has no publicly traded debt neither does it have
You want to estimate the cost of debt for a US based corporation. Unfortunately, this firm has no publicly traded debt neither does it have any debt that is rated by any of the major rating agencies. However, you have access to the firms financial statements. Outline how you would go about estimating the cost of debt for this firm. For full credit, outline and explain every step you would take.
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