WACC: How do you calculate your cost of debt?

LTM Cash interest paid as a percent of debt? Interest expense that is inclusive of amort. of OID/DIC as a percentage of debt? Market rate of TLs/bonds? Do you include mandatory debt repayments (such as 1% per annum on TLBs)? What about if you have a floating rate that is dependent on LIBOR?

There are a ton of basic examples online but I can't find any complex examples that are more reflective of an actual company. 

 

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