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RHCP12 RHCP12
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3 months ago
Which of the following is most relevant for estimating a firm's cost of debt?

▸ the yield to maturity at issuance

▸ the coupon rate on existing debt

▸ the return bondholders would demand for new debt

▸ None of the above is relevant.
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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yolinessyoliness
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3 months ago
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