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    Exam 15: Investing in Bonds
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    A Fund to Which Annual or Semiannual Deposits Are Made
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A Fund to Which Annual or Semiannual Deposits Are Made

Question 21

Question 21

Multiple Choice

A fund to which annual or semiannual deposits are made for the purpose of redeeming a bond issue is called a(n) ____________ fund.


A) serial
B) sinking
C) debenture
D) indenture
E) money

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