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A company has outstanding bonds that are covered by a sinking fund. The coupon on these bonds is currently above the YTM. The company will

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A company has outstanding bonds that are covered by a sinking fund. The coupon on these bonds is currently above the YTM. The company will choose to execute the sinking fund by: O a mixture of open market bond purchases and fixed percentage calls of the bonds. redeeming the bonds at par on maturity. calling a fixed percentage of the bond issue at par. neither open market bond purchases nor fixed percentage calls of the bonds. O buying bonds on the open market

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