Question: A sinking fund Multiple Choice ensures all bonds are repaid prior to the original maturity date. is used solely to retain funds until a bond

A sinking fund Multiple Choice ensures all bonds are repaid prior

A sinking fund Multiple Choice ensures all bonds are repaid prior to the original maturity date. is used solely to retain funds until a bond issue matures. is a claim on assets not otherwise pledged as security. is established during a bankruptcy proceeding to repay secured debts. is managed by a trustee

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