Bond Repurchases: A Teaching Case

Companies can buy back and retire their own bonds before maturity, resulting in a possible gain or loss on the extinguishment of debt. What would happen if a company repurchased its own bonds before maturity but did not retire them, potentially holding them for resale later before the bonds mature?...

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Bibliographic Details
Main Authors: Smith, S.R (Author), Van Wagoner, M.D (Author)
Format: Article
Language:English
Published: North American Business Press 2022
Subjects:
Online Access:View Fulltext in Publisher