A sinking fund is useful to a corporation because: Question 1Select one: ...
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Accounting
A sinking fund is useful to a corporation because: Question Select one: A they are simple and easy to monitor. B it provides the corporation with the option to buy the bonds back at the lower of face value or market price. C the corporation does not have to worry about paying the bondholders. D the payments to the sinking fund are not necessary when the firm is in financial difficulty.
A sinking fund is useful to a corporation because:
Question Select one:
A
they are simple and easy to monitor.
B
it provides the corporation with the option to buy the bonds back at the lower of face value or market price.
C
the corporation does not have to worry about paying the bondholders.
D
the payments to the sinking fund are not necessary when the firm is in financial difficulty.
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