The costs of bond refunding are the call premium and the underwriting costs on the old and new bond issue.
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Q22: The "yield to maturity" is the internal
Q23: If an investor expect interest rates to
Q24: A bond can only be easily refunded
Q25: The prices of zero-coupon bonds tend to
Q26: If an investor expect interest rates to
Q28: The coupon rate is the actual interest
Q29: The weighted average cost of capital is
Q30: Refunding a bond occurs when the company
Q31: The coupon rate is the actual interest
Q32: When interest rates rise, bond refunding becomes
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