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Term Of The Hour

prematurely retiring bonds: Original post by Wilhelm Schnotz of Demand Media Issuing bonds can be an easy way for companies to generate revenue to fuel growth and develop a repayment plan that suits the financial needs of both the company and investors. When a company's cash flows increase, however, it's natural to want to erase that debt -- and the interest charges that come with it -- and relieve the company of outstanding…

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