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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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