The cost of debt could be which of the following?
A) The required return on money borrowed as a long-term loan from a bank
B) The required return on money borrowed from a venture capitalist
C) The yield-to-maturity on money raised by selling bonds
D) All of the choices above could be considered the cost of debt.
Answer: D
You might also like to view...
Which of the following statements regarding group life insurance is FALSE?
A) The premium is based on the insured's attained age at the time of conversion. B) Conversion must be done within 31 days from the date coverage is lost. C) The converted policy must be a term insurance policy, not permanent insurance. D) No proof of insurability is required.
Purchase panels are used primarily for all of the following purposes EXCEPT:
A) forecasting sales. B) establishing consumer profiles. C) evaluating test markets. D) forecasting market share E) establishing advertising rates.