Question and answer
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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Expert answered|Alinail|Points 100|
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Question
Asked 9/29/2012 12:39:29 PM
Updated 1/26/2014 4:42:06 PM
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This answer has been confirmed as correct and helpful.
Edited by andrewpallarca [1/26/2014 4:42:04 PM], Confirmed by andrewpallarca [1/26/2014 4:42:06 PM]
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