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betterway betterway
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7 years ago
Floating-rate bonds are bonds that can be redeemed at par at the option of their holder either at specific date after the date of issue and every 1 to 5 years thereafter or when and if the firm takes specified actions such as being acquired, acquiring another company, or issuing a large amount of additional debt.
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
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donnabandonnaban
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7 years ago
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betterway Author
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7 years ago
Thanks for your help!!
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This calls for a celebration Person Raising Both Hands in Celebration
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Just got PERFECT on my quiz
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