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Which of the following events would make it more likely that a company would choose to call its outstanding callable bonds? a. Market interest rates

Which of the following events would make it more likely that a company would choose to call its outstanding callable bonds?

a. Market interest rates rise sharply.
b. The company's financial situation deteriorates significantly.
c. Inflation increases significantly.
d. Market interest rates decline sharply.
e. The company's bonds are downgraded.

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