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From the corporate perspective callable bonds may have value over non-callable bonds because: O a. the corporation has the option to control market interest rates.
From the corporate perspective callable bonds may have value over non-callable bonds because: O a. the corporation has the option to control market interest rates. O b. interest rates may rise prohibiting the holders from earning higher returns. O c. call prices vary inversely with the interest rates. O d. the corporation has the option to call the bond if interest rates fall. O e. the corporation has the option to call the bond if interest rates rise
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