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) A company issues two different types of bonds: callable bonds and puttable bonds. The bonds have the same maturity date. If the company went
) A company issues two different types of bonds: callable bonds and puttable bonds. The bonds have the same maturity date. If the company went on to perform really well in the future, so that they were viewed by the market as significantly less risky than when these bonds were first issued, which of the bonds would experience the greater change in price? Explain why.
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