A sinking fund is a fund to which deposits are made each year for the purpose of redeeming a bond issue. (Points : 2)
True or
False
True. A sinking fund is a fund to which deposits are made each year for the purpose of redeeming a bond issue.
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Alinail|Points 100|
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Asked 9/29/2012 12:39:29 PM
Updated 1/26/2014 4:42:06 PM
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