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Question 329 - CTFA discussion

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A company refunds its bonds for any of the following reasons Except for:

A.
To eliminate restrictive covenants
Answers
A.
To eliminate restrictive covenants
B.
To reduce interest costs
Answers
B.
To reduce interest costs
C.
To show higher reported profits
Answers
C.
To show higher reported profits
D.
To issue new bonds at higher rate of interest
Answers
D.
To issue new bonds at higher rate of interest
Suggested answer: D
asked 16/09/2024
Jose Leonardo
26 questions
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