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A bond that has a sinking fund provision may repurchase a certain percent of bonds through a redemption process based on a numbering or lottery

A bond that has a sinking fund provision

may repurchase a certain percent of bonds through a redemption process based on a numbering or lottery type system.

may repurchase a certain percent of bonds in the open market.

is usually considered safer than a bond issue that does not have a sinking fund provision.

All of the above are correct.

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