6. a. What is a sinking fund requirement in a bond issue? b. A sinking fund provision...

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6.

a. What is a sinking fund requirement in a bond issue?

b. “A sinking fund provision in a bond issue benefits the investor.” Do you agree with this statement?

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Foundations Of Global Financial Markets And Institutions

ISBN: 9780262039543

5th Edition

Authors: Frank J. Fabozzi, Frank J. Jones, Francesco A. Fabozzi, Steven V. Mann

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