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Which of the following events would make it more likely that a company would choose to call its outstanding callable bonds? a. A reduction in

Which of the following events would make it more likely that a company would choose to call its outstanding callable bonds?

a. A reduction in market interest rates.

b. The company's bonds are downgraded.

c. An increase in the call premium.

d. Answers a and b are correct.

e. Answers a, b, and c are correct.

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