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Use the following information to answer Questions 10 and 11.
Consider $1,000,000 par value, 10-year, 6.5% coupon bonds issued on January 1, 2005. The bonds are callable and there is a sinking fund

Use the following information to answer Questions 10 and 11.

Consider $1,000,000 par value, 10-year, 6.5% coupon bonds issued on January 1, 2005. The bonds are callable and there is a sinking fund

A、An investor would benefit from having his bonds called under the provision of the sinking fund.

B、An investor will receive a premium if the bond is redeemed prior to maturity under the provision of the sinking fund.

C、The bonds do not have an accelerated sinking fund provision.

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第2题

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第6题

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