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    Fundamental Accounting Principles Study Set 1
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    Exam 14: Long-Term Liabilities
  5. Question
    Callable Bonds Have an Option Exercisable by the Issuer to Retire
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Callable Bonds Have an Option Exercisable by the Issuer to Retire

Question 91

Question 91

True/False

Callable bonds have an option exercisable by the issuer to retire them at a stated dollar amount prior to maturity.

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