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    Community: Investing Wiki

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    redeemable bonds: Original post by Michael Wolfe of Demand Media When a company issues bonds to raise capital, it often chooses "callable" bonds. A callable bond is a one that the company can redeem for its holders prematurely, before the bond has reached its preset maturity date. Although callable bonds are slightly more expensive than normal bonds to issue, they have a number of advantages for the…

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