What does it mean if a bond is callable?

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What does it mean if a bond is ‘‘callable’’?

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Cornerstones of Financial and Managerial Accounting

ISBN: 978-0324787351

1st Edition

Authors: Rich Jones, Mowen, Hansen, Heitger

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Question Posted: Jul 23, 2012 03:22 AM

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What does it mean if a bond is callable?

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If a bond is callable it means that the borrower has the ...View the full answer

Cornerstones of Financial and Managerial Accounting

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