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Author Question: When would it make sense for a firm to call a bond issue and refinance? (Read 38 times)

Marty

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on: Jul 9, 2019
When would it make sense for a firm to call a bond issue and refinance?
◦ when the market price of the bond is less than the call price, and market interest rates are greater than the bond's coupon rate
◦ when the market price of the bond exceeds the call price, and market interest rates are less than the bond's coupon rate
◦ when the market price of the bond is less than the call price, and market interest rates are less than the bond's coupon rate
◦ when the market price of the bond exceeds the call price, and market interest rates are greater than the bond's coupon rate
Fundamentals of Corporate Finance ¦ Berk, DeMarzo, Harford ¦ 2nd Edition
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Marked as best answer by Marty on Jul 9, 2019

lgoldst9

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Reply #1 on: Jul 9, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Marty

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Reply 2 on: Jul 9, 2019
Great answer, keep it coming :)

upturnedfurball

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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