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

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True. A sinking fund is a fund to which deposits are made each year for the purpose of redeeming a bond issue.

Expert answered|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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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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