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    Principles of Corporate Finance Study Set 3
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    Exam 24: The Many Different Kinds of Debt
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    The Difference Between the Price of Callable and Noncallable Bonds
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The Difference Between the Price of Callable and Noncallable Bonds

Question 73

Question 73

True/False

The difference between the price of callable and noncallable bonds is greatest when bond prices are lowest.

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