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a sinking fund: Select one: A sinking fund: Select one: O a. is a special fund set up to pay creditors in the event of

a sinking fund: Select one:
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A sinking fund: Select one: O a. is a special fund set up to pay creditors in the event of default. O b. is a special fund the company pays into that accumulates throughout the life of the bond and used to pay the principal amount at maturity. c. is a special fund used to repay bonds annually. d. none of the above

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