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A company wants to issue some bonds, but wants to have the right to pay back the principal ahead of the maturity date in order

A company wants to issue some bonds, but wants to have the right to pay back the principal ahead of the maturity date in order to take advantage of lower market interest rate.Which kind of bond should this company issue?

A.Callable bonds

B.Convertible bonds

C.Senior bonds

D.Straight bonds

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Multinational Management

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