Please Explain What Is The ‘cost Of Debt'?

1.	Please Explain What Is The ‘cost Of Debt'?
Answer» When any COMPANY BORROWS funds, from a financial institution (BANK) or other resources the interest PAID on that amount is known as ‘cost of DEBT'. When any company borrows funds, from a financial institution (bank) or other resources the interest paid on that amount is known as ‘cost of debt'.

Answer»

When any COMPANY BORROWS funds, from a financial institution (BANK) or other resources the interest PAID on that amount is known as ‘cost of DEBT'.

When any company borrows funds, from a financial institution (bank) or other resources the interest paid on that amount is known as ‘cost of debt'.

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