47 C.F.R. § 65.302

Current through September 30, 2024
Section 65.302 - Cost of debt

The formula for determining the cost of debt is equal to:

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Where:

"Total Annual Interest Expense" is the total interest expense for the most recent year for all local exchange carriers with annual revenues equal to or above the indexed revenue threshold as defined in § 32.9000 of this chapter.

"Average Outstanding Debt" is the average of the total debt outstanding at the beginning and at the end of the most recent year for all local exchange carriers with annual revenues equal to or above the indexed revenue threshold as defined in § 32.9000 of this chapter.

47 C.F.R. §65.302

81 FR 24344, Apr. 25, 2016
81 FR 24344, 4/25/2016