Can the yield on company traded bonds be used as an estimate for some, or all, of the company’s debt. If not, can credit spreads be obtained that can be used to estimate the cost of debt?

Intermediate Accounting: Reporting And Analysis
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ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter9: Current Liabilities And Contingent Obligations
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Can the yield on company traded bonds be used as an estimate for some, or all, of the company’s debt. If not, can credit spreads be obtained that can be used to estimate the cost of debt?

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