Question: 5 Sinking fund arrangements are least likely to include which one of the following requirements? 1 points 0 2 : 2 2 : 3 5
Sinking fund arrangements are least likely to include which one of the following requirements?
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A deferred provision for the first few years
A onetime repayment of the entire principal and interest at maturity
A balloon payment
Equal payments of principal over the life of the bond
Sufficient payments over the bonds' life to retire the entire bond issue
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