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Corporate cost of debt: the issue of premium or discount bonds
Cost of debt bonds capital amortization premium discount
2010/10/18
The traditional textbook method of calculating a corporation’s cost of debt capital tends
to minimize the practical process used to arrive at that cost. This is particularly true if the corporation h...
The valuation process that economic agents undergo for investments with uncertain payoff typically depends on their statistical views on possible future outcomes, their attitudes toward risk, and, of ...