ayri2776 ayri2776
  • 12-08-2024
  • Business
Answered

Which one of the following is the pre-tax cost of debt?
- Coupon rate on the firm's latest bond issue.
- Annual interest divided by the market price per bond for the latest bond issue.
- Weighted average yield-to-maturity on the firm's outstanding debt.
- Average coupon rate on the firm's outstanding bonds.



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