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Which of the following is an important advantage to the issuer of a bond with a call provision? Multiple Choice They are able to avoid
Which of the following is an important advantage to the issuer of a bond with a call provision?
Multiple Choice
They are able to avoid interest rate risk.
They are able to avoid reinvestment rate risk.
They are able to reduce their credit risk.
They allow for refinancing opportunities.
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Entrepreneurial Finance
Authors: Philip J. Adelman; Alan M. Marks
6th edition
9780133099096, 133140512, 133099091, 978-0133140514
