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drdoombot drdoombot
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2 years ago
A bond's sinking fund provisions specifies

▸ which assets are available to secure the bond.

▸ how the issuer will pay off the bond over time.

▸ which bond issues have a higher claim on the firm's assets in case the firm goes under.

▸ a diminishing series of interest payments as the bond approaches maturity.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
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kogilviekogilvie
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2 years ago
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drdoombot Author
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2 years ago
You make an excellent tutor!
Zacellison
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Yesterday
Smart ... Thanks!
7.prime7105
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2 hours ago
Correct Slight Smile TY
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