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    Financial and Managerial Accounting Study Set 8
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    Exam 10: Liabilities
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    When a Corporation Has a Right to Redeem Bonds in Advance
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When a Corporation Has a Right to Redeem Bonds in Advance

Question 171

Question 171

Multiple Choice

When a corporation has a right to redeem bonds in advance of the maturity date,the bond is considered a:


A) Convertible bond.
B) Callable bond.
C) Junk bond.
D) Debenture bond.

Correct Answer:

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