Forecasting Interest Expense Question
On a long-term debt schedule, is it fine if I forecast the interest expense as just an average of the historical interest as a % of debt?
It would be better to have exact rates for the interest but they are floating and within a range like 0.05% - 4.5%.
What's the best way to forecast the interest expense?
Cheer and happy new year!
A aut veniam saepe ut illum sunt. Consequatur assumenda odio corrupti dolorum quas quas ipsa.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...