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The primary purpose of the call feature associated with bonds is to Multiple choice question. protect the issuer against declining interest rates. allow investors to
The primary purpose of the call feature associated with bonds is to Multiple choice question. protect the issuer against declining interest rates. allow investors to regain control over their invested funds. exchange the bonds for another type of financing source
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Financial Theory and Corporate Policy
Authors: Thomas E. Copeland, J. Fred Weston, Kuldeep Shastri
4th edition
321127218, 978-0321179548, 321179544, 978-0321127211
