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Business, 24.04.2020 23:54 emojigirl2824

Which of the following statements about sinking fund is true? Sinking funds are designed to protect bondholders, so it never hurts the bondholders in any situations. A company would use sinking fund for open market purchase of bond if the interest rate is much higher than its coupon rate. A company would prefer to use sinking fund to call bond if bond sells at a big discount.

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Which of the following statements about sinking fund is true? Sinking funds are designed to protect...
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