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Business, 03.11.2020 16:40, mollykay2001p3qo0j
IBM issues bonds with a sinking fund provision that the company can call 7% of the bonds at par value or the company can buy the required bonds on the open market. IBM will choose to buy the required bonds on the open market if the bonds are traded at in the market. Select one: a. $1850 b. $1116 c. $ 990 d. $1049 e. $1053
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Answers: 1
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