What is the logic behind using just one cost of debt financing rather than estimating the cost of financing with each specific issue of long and short-term debt?
What will be an ideal response?
The logic behind using just one rate–a long-term yield–for both short-term and long-term debt is that while short-term yields may differ from long-term yields (usually lower), over a long period, short-term rates on average tend to be similar to long-term rates. This logic is consistent with the "unbiased expectations theory"
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In which business sector our Cooperative still important
A) Manufacturing
B) Automotive
C) Public utilities
D) Agriculture
E) Health care
A project manager should stop crashing a project if the time budget has been met or if the crash costs have exceeded the savings in indirect and penalty costs
Indicate whether the statement is true or false
Maya's motorcycle is damaged in an accident caused by Luc's negligence. Luc agrees to pay Maya $25,000 if she agrees to release him from further liability. Maya agrees. If her damages ultimately exceed $25,000, she can A) recover the balance for lack of consideration
B) recover the balance because the consideration was past. C) recover the balance due to unforeseen events. D) ?not recover the balance.
Camellia, an accountant, accepts a new job located 1,000 miles away from her current job location. She has to pay a moving company plus the transportation costs for herself to move to the new location. The new employer does not pay moving costs. Camellia will be allowed a deduction for the work-related move.
Answer the following statement true (T) or false (F)