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    Intermediate Accounting Study Set 14
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    Exam 13: Financial Instruments: Long-Term Debt
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    Bonds Are Said to Be Redeemable When They Can Be
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Bonds Are Said to Be Redeemable When They Can Be

Question 55

Question 55

True/False

Bonds are said to be redeemable when they can be prematurely retired at the discretion of the issuing company and retractable when they can be prematurely retired at the investor's discretion.

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