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When on the topic of security markets and finance, when looking at coupon rate on a callable bond compared to an otherwise identical straight bond?
When on the topic of security markets and finance, when looking at coupon rate on a callable bond compared to an otherwise identical straight bond? why is this a case?
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Intermediate Accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas
10th edition
978-1260481952
