Question: what is a reason for using just one rate , a long term yield as the average cost of debt financing for a firm that
what is a reason for using just one rate , a long term yield as the average cost of debt financing for a firm that has multiple issues of debt wtih varyiny maturities?
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There are a few reasons why a company might choose to use a single longterm yield like a current yield to maturity on a specific bond issue as an esti... View full answer
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