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Business, 06.03.2020 19:04 unknown9263

The pretax cost of debt: Group of answer choices Is based on the current yield to maturity of the firm's outstanding bonds. Is equal to the coupon rate on the latest bonds issued by a firm. Is equivalent to the average current yield on all of a firm's outstanding bonds. Is based on the original yield to maturity on the latest bonds issued by a firm. Has to be estimated as it cannot be directly observed in the market.

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