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    Business
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    Accounting
  4. Exam
    Exam 11: Long-Term Liabilities, bonds Payable, and Classification of Liabilities on the Balance Sheet
  5. Question
    The Main Reason Companies Retire Bonds Prior to Their Maturity
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The Main Reason Companies Retire Bonds Prior to Their Maturity

Question 109

Question 109

True/False

The main reason companies retire bonds prior to their maturity date is to relieve the pressure of paying semiannual interest payments.

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