>	≤ to	Rating is	Spread is
-100000	0.199999	D2/D	20.00%
0.2	0.649999	C2/C	17.50%
0.65	0.799999	Ca2/CC	15.78%
0.8	1.249999	Caa/CCC	11.57%
1.25	1.499999	B3/B-	7.37%
1.5	1.749999	B2/B	5.26%
1.75	1.999999	B1/B+	4.55%
2	2.2499999	Ba2/BB	3.13%
2.25	2.49999	Ba1/BB+	2.42%
2.5	2.999999	Baa2/BBB	2.00%
3	4.249999	A3/A-	1.62%
4.25	5.499999	A2/A	1.42%
5.5	6.499999	A1/A+	1.23%
6.5	8.499999	Aa2/AA	0.85%
8.50	100000	Aaa/AAA	0.69%

[1]

Aswath Damodaran:
If yes, fill in the attached worksheet on operating leases

[2]

Aswath Damodaran:
If your most recent year's operating income is unusually low or high, you can use the average operating income from the last few years.

[3]

Aswath Damodaran:
Enter the interest expense from the most recent income statement.

[4]

Aswath Damodaran:
I use a 10 year government bond rate.