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Question #4: A Bond is a contract between the issuing organization (corporation or governmental organization) and the bondholder. The terms of the Bond are included

Question #4: A Bond is a contract between the issuing organization (corporation or governmental organization) and the bondholder. The terms of the Bond are included in the Bond Indenture, also called the Deed of Trust.

Required: Briefly define the following Bond terms

a) Secured bond

b) Sinking Fund

c) Call Provision

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