Explain why bondholders often prefer a sinking fund provision in a bond issue.

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Contemporary Financial Management

ISBN: 9780324289114

10th Edition

Authors: James R Mcguigan, R Charles Moyer, William J Kretlow

Question Posted: Jul 17, 2012 02:22 AM

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Explain why bondholders often prefer a sinking fund provision in a bond issue.

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A sinking fund provision is used to reduce the amount owed on ...View the full answer

Contemporary Financial Management

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