
- UID
- 223439
- 帖子
- 318
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- 7
- 注册时间
- 2011-7-11
- 最后登录
- 2014-8-7
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Straight from CFAI "The before tax required return on debt is typically estimated using the expected YTM of the company's debt based on current market values"
Not much clarity but I would stick with 1, 2, and 3 in that order. Google didn't help much either. Apparently the cost of debt is loosely defined. |
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