When a company repurchases its unsecured notes, the debt has been: Group of answer choices determined. discounted. revalued. redeemed.
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Solution 1
When a company repurchases its unsecured notes, the debt has been redeemed. This means that the company has bought back its own debt, effectively reducing the amount of outstanding debt it has. This is often done when the company believes that the notes are undervalued in the market, or when it want Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
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