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Explain the definitions of bonds, call feature and sinking funds. Discuss the use, advantages and disadvantages of using a sinking fund in a bond issue.
Explain the definitions of bonds, call feature and sinking funds. Discuss the use, advantages and disadvantages of using a sinking fund in a bond issue.
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Financial Management Principles And Applications
Authors: Arthur J. Keown, J. William Petty, John D. Martin, Jr. Scott, David F.
10th Edition
0131450654, 9780131450653
