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Putable bonds can be redeemed prior to maturity at the initiative of the bondholder. These bonds are more advantageous to the investors as they get an opportunity to redeem their bonds when the prevailing market interest is more than the coupon interest on the bonds. This feature enables the investors to unlock their current investment and invest in more profitable avenues.
Assume that you have just "run out of money" and are unable to move your "idea" from its development stage to production and the startup stage. However, you remain convinced that
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