Question
What circumstances warrant such a prepayment of the existing bond? Why would the issuer wish to repay the bond prior to its original maturity date?
What circumstances warrant such a "prepayment" of the existing bond? Why would the issuer wish to repay the bond prior to its original maturity date? What types of "callable bonds" have you issued? What are your thoughts about the benefits and detriments of callable bonds?
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Finance Theory And Practice
Authors: Anne Marie Ward
4th Edition
191235036X, 978-1912350360
