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Which bonds will have the higher coupon, all else equal? (a) Secured debt versus a debenture (b) A bond with a sinking fund versus one
Which bonds will have the higher coupon, all else equal?
(a) Secured debt versus a debenture
(b) A bond with a sinking fund versus one without (c) A callable bond versus a non-callable bond
please tell me the answer and reason
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Accounting A Smart Approach
Authors: Mary Carey, Jane Towers-Clark, Cathy Knowles
2nd Edition
0199674914, 978-0199674916
