Type of provision which allows an orderly retirement of an issued bond which is classified as

A whole call provision
B super fund provision
C floating fund provision
D sinking fund provision

Correct Answer: sinking fund provision

Type of provision which allows an orderly retirement of an issued bond which is classified as sinking fund provision. A sinking fund is a fund established by an economic entity by setting aside revenue over a period of time to fund a future capital expense, or repayment of a long-term debt.
Bissoy MCQ
#Commerce #Financial Management

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