Definition of Cost of refunding - Finance dictionary
Cost of refunding(See Chapter 21 of the Vernimmen)
Market Yield to Maturity for the bonds of an issuer represent the cost of refunding, should the issuer decide to substitute the already contracted debt. The cost of refunding is the Opportunity cost for the issuer.
Cost of refunding(See Chapter 21 of the Vernimmen)
Market Yield to Maturity for the bonds of an issuer represent the cost of refunding, should the issuer decide to substitute the already contracted debt. The cost of refunding is the Opportunity cost for the issuer.
Cost of refunding(See Chapter 21 of the Vernimmen)
Market Yield to Maturity for the bonds of an issuer represent the cost of refunding, should the issuer decide to substitute the already contracted debt. The cost of refunding is the Opportunity cost for the issuer.