Yield Estimation in Private Debt for a Given Capital Structure
June 7, 2018
June 7, 2018
Corporate yield can be determined through the use of different standard methodologies, including the yield buildup method. However, it has always been a challenge to determine an appropriate yield of specific debt in the capital structure of a private company. Rajesh Khetan, Pavitra Padhi and Dhruva Phegade propose a formula to meet this challenge.
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