Time value of money is calculated in all of the bond

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Reference no: EM131599601

Time value of money is calculated in all of the bond refunding calculations except _______________ because this is a one-time exchange of cash that happens on the day it is refunded.

Cost savings with the new interest rates.

Net gain from underwriting cost on old issue.

Net cost of underwriting expense on new issue.

Net cost of call premium.

Reference no: EM131599601

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