Question: answer A sinking fund Multiple Choice O is established during a bankruptcy proceeding to repay secured debts. O is a claim on assets not otherwise

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

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