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A bond is most likely to be called for which of the following reasons ? Interest rates have decreased in the economy The bond has
A bond is most likely to be called for which of the following reasons ? Interest rates have decreased in the economy
The bond has a protective covenant and these bonds are riskier than stock
The company wants to reduce their cost of capital and is choosing to issue stock
Bonds are not callable , only stock is callable . Choices C and D are correct .
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Personal Finance
Authors: Jack Kapoor
13th Edition
1260799735, 9781260799736
