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GoodMad_ GoodMad_
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7 years ago
A bond sinking fund
A) involves reserving funds to pay periodic bond interest.
B) refers to the practice of selling bonds and saving the proceeds as an emergency in case the company goes bankrupt.
C) refers to bonds of corporations that are in default.
D) is a method of reserving funds to gradually retire bonds.
Textbook 
Personal Finance: An Integrated Planning Approach

Personal Finance: An Integrated Planning Approach


Edition: 8th
Author:
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bzapianbzapian
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