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mantparn mantparn
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7 years ago
Since a putable bond gives its holder the right to "put the bond" at specified times or because of specified actions by the issuing firm, the bond's yield would be lower than that of an otherwise equivalent non-putable bond.
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Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
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UlainUlain
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7 years ago
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mantparn Author
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7 years ago
*Incredible*
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