What are call provisions and sinking fund provisions? Do these provisions make bonds more or less risky?
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A call provision is a provision in a bond contract that gives the issuing corporation the right to r...View the full answer
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Jacque Tamayao
I am an accounting professor since 2016. After I Passed the CPA Licensure Examination, I immediately went to the academe to teach. Since then, I handled almost all accounting subjects - be it Financial, Managerial Accounting, Cost Accounting or Auditing. I also had the chance to be a review lecturer on various subjects covered in the CPA Licensure Examination.
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Related Book For
Fundamentals of Financial Management
ISBN: 978-0324664553
Concise 6th Edition
Authors: Eugene F. Brigham, Joel F. Houston
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