FCC 65.302 Revised as of October 1, 2006
Goto Year:2005 |
2007
Sec. 65.302 Cost of debt.
The formula for determining the cost of debt is equal to:
[MATH: :MATH]
Where:
“Total Annual Interest Expense” is the total interest expense for the most
recent two years for all local exchange carriers with annual revenues equal
to or above the indexed revenue threshold as defined in Sec. 32.9000.
“Average Outstanding Debt” is the average of the total debt for the most
recent two years for all local exchange carriers with annual revenues equal
to or above the indexed revenue threshold as defined in Sec. 32.9000.
[ 60 FR 28545 , June 1, 1995, as amended at 67 FR 5702 , Feb. 6, 2002]
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:MATH] Where: “Total Annual Interest Expense” is the total interest expense for the most recent two years for all local exchange carriers with annual revenues equal to or above the indexed revenue threshold as defined in Sec. 32.9000. “Average Outstanding Debt” is the average of the total debt for the most recent two years for all local exchange carriers with annual revenues equal to or above the indexed revenue threshold as defined in Sec. 32.9000. [ 60 FR 28545 , June 1, 1995, as amended at 67 FR 5702 , Feb. 6, 2002]