True or False Question?
For the purpose of estimating the firm’s cost of debt for a project, one could observe the yield-to-maturity on recently issued bonds with a similar rating and term-to-maturity.
True or False?
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True. Should also consider if the increase in debt will have a marginal increase in the cost of borrowing, but it should give a good estimate.
True, but be careful. You cannot always trust the previous budgets and final loss/gain statistics. It is best to use this system as a guide only, the projects "steel frame". Do not depend on the exact same results.
True
False....?
...true