9. Callable Bonds (LO2, CFA5) Two callable bonds are essentially identical, except that one has a refunding
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9. Callable Bonds (LO2, CFA5) Two callable bonds are essentially identical, except that one has a refunding provision while the other has no refunding provision. Which bond is more likely to be called by the issuer? Why?
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Fundamentals Of Investments Valuation And Management
ISBN: 9781260013979
9th Edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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