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    Fundamentals of Corporate Finance Study Set 7
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    Exam 14: Introduction to Corporate Financing and Governance
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    Holders of Callable Bonds Know That the Company Will Wish
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Holders of Callable Bonds Know That the Company Will Wish

Question 36

Question 36

True/False

Holders of callable bonds know that the company will wish to buy the issue back if interest rates fall,and therefore the price of the bond will not rise above the call price.

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