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CALL PROVISIONS[LO1] A company is contemplating a long-term bond issue. It is debating whether to include a call provision. What are the benefits to the

CALL PROVISIONS[LO1]
A company is contemplating a long-term bond issue. It is debating whether to include a call provision. What are the benefits to the company from including a call provision? What are the costs? How do these answers change for a put provision?

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