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Question 5 The sinking fund provision of a bond allows the company to skip coupon payments allows the company to refinance the entire bond issue
Question 5 The sinking fund provision of a bond allows the company to skip coupon payments allows the company to refinance the entire bond issue to save interest. reduces the default risk that the company cannot pay the bond issue's par value at maturity reduces the default risk that the company cannot pay the coupon payments
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