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    Financial Markets and Institutions Study Set 1
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    Exam 12: The Bond Market
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    A Sinking Fund Is a Requirement in the Bond Indenture
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A Sinking Fund Is a Requirement in the Bond Indenture

Question 41

Question 41

True/False

A sinking fund is a requirement in the bond indenture that the firm pay off a portion of the bond issue each year.

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