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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