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Question 2 A sinking fund is used solely to retain funds until a bond issue matures. O is a claim on assets not otherwise pledged

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Question 2 A sinking fund is used solely to retain funds until a bond issue matures. O is a claim on assets not otherwise pledged as security. is managed by a trustee. ensures all bonds are repaid prior to the original maturity date. is established during a bankruptcy proceeding to repay secured debts

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