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Please help me in this homework The company's bank won't lend it any more money than it already has, and investment bankers have said that
Please help me in this homework
The company's bank won't lend it any more money than it already has, and investment bankers have said that debentures are out of the question. The treasurer has asked you to do some research and suggest a few ways in which bonds might be made attractive enough to allow the company to borrow. How does providing a sinking fund for principal repayment make the bonds more attractive? Explain in detailStep by Step Solution
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