When calculating net present value for a bond refunding, Financial Management

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When calculating net present value for a bond refunding

When calculating net present value for a bond refunding calculation, all of the following are considered either outflows are inflows EXCEPT:

a. Cost savings with the new interest rates.

b. Net loss from underwriting cost on old issue.

c. Net cost of underwriting expense on new issue.

d. Net cost of call premium.

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Financial Management: When calculating net present value for a bond refunding

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Financial Management: When calculating net present value for a bond refunding

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