If you buy a callable bond and interest rates decline, will the value of your bond rise

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If you buy a callable bond and interest rates decline, will the value of your bond rise by as much as it would have risen if the bond had not been callable? Explain. Discuss.

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Fundamentals of Financial Management

ISBN: 978-0324664553

Concise 6th Edition

Authors: Eugene F. Brigham, Joel F. Houston

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Question Posted: Oct 05, 2011 07:57 AM

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If you buy a callable bond and interest rates decline, will the value of your bond rise

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Fundamentals of Financial Management

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