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    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 12: Non-Current Liabilities, Debentures Payable and Classification of Liabilities on the Balance Sheet
  5. Question
    The Main Reason Companies Redeem Debentures Prior to Their Maturity
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The Main Reason Companies Redeem Debentures Prior to Their Maturity

Question 29

Question 29

True/False

The main reason companies redeem debentures prior to their maturity date is to relieve the pressure of paying interest payments.

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