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    Principles of Corporate Finance Study Set 4
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    Exam 8: Valuation of Financial Securities
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    To Sell a Callable Bond, the Issuer Must Pay a Higher
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To Sell a Callable Bond, the Issuer Must Pay a Higher

Question 190

Question 190

True/False

To sell a callable bond, the issuer must pay a higher interest rate than on a noncallable bond ofequal risk.

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