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Title: Which of the following statements concerning the use of sinking funds to repurchase a bond issue is NOT true? Post by: lambchop03 on Jul 7, 2019 Which of the following statements concerning the use of sinking funds to repurchase a bond issue is NOT true?
▸ The firm makes regular payments into a sinking fund administered by a trustee over the life of the bond. ▸ Bonds can be issued with a sinking fund provision or a call provision, but not both. ▸ The firm can reduce the amount of outstanding debt without affecting the cash flows of the remaining bonds. ▸ Payments from the sinking fund are used to repurchase bonds. Title: Which of the following statements concerning the use of sinking funds to repurchase a bond issue is NOT true? Post by: zachcarytcris on Jul 7, 2019 Content hidden
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