Question
____ occurs when a firm calls a relatively high interest rate issue and replaces it with a lower interest rate issue. a.Indenture refinancing b.A sinking
____ occurs when a firm calls a relatively high interest rate issue and replaces it with a lower interest rate issue.
a.Indenture refinancing
b.A sinking fund
c.Bond refunding
d.A call feature
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Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus, Stylianos Perrakis, Peter
8th Canadian Edition
007133887X, 978-0071338875
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