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    Principles of Corporate Finance Study Set 4
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    Exam 5: Financial Markets, Institutions, and Securities
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    The Decision to Refund a Callable Bond
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The Decision to Refund a Callable Bond

Question 96

Question 96

Multiple Choice

The decision to refund a callable bond


A) is a financing decision.
B) is a capital budgeting decision
C) is a net working capital decision.
D) should be made only if interest rates have increased.

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