The call price of its bonds is 103 the market price of the
Purchase of Bonds on the Open Market. Drifter Company has to reduce bonds payable by $500,000. The call price of its bonds is 103. The market price of the bonds is 101. Should the bonds be called or bought back on the open market?
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purchase of bonds on the open market drifter company has to reduce bonds payable by 500000 the call price of its bonds
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