All of the following may serve to reduce the coupon rate that would otherwise be required on

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All of the following may serve to reduce the coupon rate that would otherwise be required on a bond issued at par, except a

a. Sinking fund.

b. Restrictive covenant.

c. Call provision.

d. Change in rating from Aa to Aaa.

e. None of the answers above

Related Book For answer-question

Accounting for Governmental and Nonprofit Entities

ISBN: ?978-0073379609

15th Edition

Authors: Earl R. Wilson, Jacqueline L Reck, Susan C Kattelus

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Posted Date: Oct 06, 2022 01:02 AM

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All of the following may serve to reduce the coupon rate that would otherwise be required on

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A sinking fund is an account into which a bond issuer depos... View the full answer

Accounting for Governmental and Nonprofit Entities

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