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A sinking fund primarily protects which group the most? Bondholders because they can get access to the principal faster and get a warning of trouble

A sinking fund primarily protects which group the most?

Bondholders because they can get access to the principal faster and get a warning of trouble

The issuing corporation since it can retire bonds and reissue them at lower rates

Trustees since they get paid more to manage sinking funds

Sinking funds benefit no group

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