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    Fundamentals of Corporate Finance Study Set 12
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    Exam 15: Debt Financing
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    A Firm Raising Capital by Issuing Callable Bonds Instead of Non-Callable
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A Firm Raising Capital by Issuing Callable Bonds Instead of Non-Callable

Question 61

Question 61

True/False

A firm raising capital by issuing callable bonds instead of non-callable bonds will either have to pay a higher coupon rate or accept lower proceeds.

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