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What are the advantages and disadvantages of a call provision from the viewpoints of both a firm and its bondholders? If you were the CEO
What are the advantages and disadvantages of a call provision from the viewpoints of both a firm and its bondholders? If you were the CEO of a firm, would you recommend a call provision for a new bond issue? Why or why not? Can you identify a recent bond issue that has a call provision fund?
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