What is a sinking fund, and why is it an advantage to investors?

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Personal Finance Turning Money into Wealth

ISBN: 978-0133856439

7th edition

Authors: Arthur J. Keown

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Question Posted: Jan 13, 2016 01:48 AM

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What is a sinking fund, and why is it an advantage to investors?

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A sinking fund is money that is set aside on a regular basis to pay off bonds If ...View the full answer

Personal Finance Turning Money into Wealth

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