Difference between revisions of "Before-tax cost of debt"
(Created page with "Before-tax cost of debt, rd, is the interest rate the firm must pay on new debt. ==Definitions== According to Fundamentals of Financial Management by Eugene F. Brigha...") |
(No difference)
|
Latest revision as of 03:31, 2 November 2019
Before-tax cost of debt, rd, is the interest rate the firm must pay on new debt.
Definitions
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Before-tax cost of debt, rd. The interest rate the firm must pay on new debt.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
