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    Exam 14: Long-Term Liabilities
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    ____________________ Bonds Reduce a Bondholder's Risk by Requiring the Issuer
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____________________ Bonds Reduce a Bondholder's Risk by Requiring the Issuer

Question 37

Question 37

Essay

____________________ bonds reduce a bondholder's risk by requiring the issuer to create a fund of assets set aside as specified amounts and dates to repay the bonds at maturity.

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