What circumstances warrant such a prepayment of the existing bond? Why would the issuer wish to repay
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What circumstances warrant such a "prepayment" of the existing bond? Why would the issuer wish to repay the bond prior to its original maturity date? What types of "callable bonds" have you issued? What are your thoughts about the benefits and detriments of callable bonds?
Related Book For
Financial Markets and Institutions
ISBN: 978-0077861667
6th edition
Authors: Anthony Saunders , Marcia Cornett
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