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CH16-Q20 When calculating net present value for a bond refunding calculation, all of the following are considered either outflows are inflows EXCEPT: a Cost savings
CH16-Q20
When calculating net present value for a bond refunding calculation, all of the following are considered either outflows are inflows EXCEPT:
a Cost savings with the new interest rates.
b Net loss from underwriting cost on old issue.
c Net cost of underwriting expense on new issue.
d Net cost of call premium.
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