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AllenZ AllenZ
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6 years ago
The Massive Steel Corporation issued bonds to finance upgrades to its aging plants. The upgrades are costly, and the bond issue is a substantial amount. To ensure its ability to pay the bonds on maturity, Massive Steel makes annual payments to a dedicated fund. What type of bonds did the company issue?
A) debenture bonds
B) callable bonds
C) sinking-fund bonds
D) convertible bonds
E) serial bonds
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podrapodra
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6 years ago
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AllenZ Author
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6 years ago
This calls for a celebration Person Raising Both Hands in Celebration
julymontalvo
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Yesterday
You make an excellent tutor!
njn;l
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Brilliant ツ
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