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True or false: Holding everything else constant, callable bonds should be priced lower than non-callable bonds. Note: Here is an example. A callable bond from

True or false: Holding everything else constant, callable bonds should be priced lower than non-callable bonds. Note: Here is an example. A callable bond from FORD should be priced lower than non-callable bonds from the same issuer and with the same maturity, the same coupon rate, etc.

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