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A sinking fund can be set up in one of two ways. Discuss the advantages and disadvantages of each procedure from the viewpoint of both
A sinking fund can be set up in one of two ways. Discuss the advantages and disadvantages of each procedure from the viewpoint of both the firm and its bondholders. Also, If you buy a callable bond and interest rates decline, will the value of your bond rise by as much it would have risen if the bond had been callable. Explain
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