Question: What does sinking fund refer to? A. A bond that pays principal amount back in an amortization schedule. B. An option to buy back the
What does sinking fund refer to? A. A bond that pays principal amount back in an amortization schedule. B. An option to buy back the bond at a pre-determined price from bondholders. C. A restriction stated in bond indentures regarding issuing dividends to equity holders. D. A bond that is not refundable.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
