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Let's assume that a 10-year bond is callable by the bond issuer after 5 years, will that lead to a higher or lower yield compared
Let's assume that a 10-year bond is callable by the bond issuer after 5 years, will that lead to a higher or lower yield compared to similar bonds without the call feature?
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Financial Management
Authors: P V V Satyanarayana
1st Edition
9350568012, 9789350568019
