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Author Question: Putable bonds give the bondholders an option to sell the bond at a price higher than par value by ... (Read 143 times)

danielfitts88

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on: Jul 11, 2018
Putable bonds give the bondholders an option to sell the bond at a price higher than par value by the amount of one year interest payment when and if the firm takes specified actions such as being acquired, acquiring another company, or issuing a
 
  large amount of additional debt.
  Indicate whether the statement is true or false

Question 2

A sunk cost is a cash outlay that has already been made and cannot be recovered.
 
  Indicate whether the statement is true or false


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carojassy25

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Reply #1 on: Jul 11, 2018
Answer to Question 1

FALSE

Answer to Question 2

TRUE


danielfitts88

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Reply 2 on: Jul 11, 2018
:D TYSM

Alyson.hiatt@yahoo.com

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Reply 3 on: Yesterday
Excellent

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