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Assume that you are the CFO of a company that intends to issue bonds to finance a new manufacturing facility. A subordinate suggests lowering the

Assume that you are the CFO of a company that intends to issue bonds to finance a new manufacturing facility.

A subordinate suggests lowering the coupon rate on the bond to lower interest expense and to increase the profitability of your company. Is the rationale for this suggestion a good one?

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