Thesis: A lower market rate is no guarantee that managers should undertake a bond refunding.

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Foundations of Financial Management

ISBN: 978-1259024979

10th Canadian edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta

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Question Posted: Sep 19, 2013 03:26 AM

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Thesis: A lower market rate is no guarantee that managers should undertake a bond refunding.

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The term bond refunding is defined as the activity of paying off the higher costs bonds with the low...View the full answer

Foundations of Financial Management

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