An usage of proceeds of new issue to retire issue with high-rate is classified as Options: A . &nbsprefunding operation B . &nbspfunding operation C . &nbspproceeds operation D . &nbspdeferred operation

An usage of proceeds of new issue to retire issue with high-rate is classified a

Question

An usage of proceeds of new issue to retire issue with high-rate is classified as

Options:

A . refunding operation

B . funding operation

C . proceeds operation

D . deferred operation

Answer: Option A
Answer: (a).refunding operation

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