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

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

Intermediate Accounting: Reporting And Analysis

3rd Edition

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

Section: Chapter Questions

Problem 14GI

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