net interest cost |
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Definition
Bond issuer's interest cost computed by dividing total interest payments plus discount (or minus premium) by the number of years in bond's maturity period. Net interest cost does not take time value of money into account.
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net interest cost is in the Accounting & Auditing, Banking, Commerce & Finance, Investing and Securities & Futures Trading subjects.
net interest cost appears in the definition of the following term: bond year
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