Multiple Choice
Which of the following statements about callable debentures is true?
A) Callable debentures give the issuer the flexibility to pay off the debentures whenever it benefits the company.
B) Whether the debentures are called or purchased,the journal entry is the same.
C) The call price is usually 100 or a few percentage points above maturity value to provide an incentive to the debenture holder.
D) All of the above
Correct Answer:

Verified
Correct Answer:
Verified
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