The requirement of certain amount of issued bond that must be retired every year is classified as Options: A . &nbspsinking fund provision B . &nbspsinking fund premium C . &nbspsinking fund discount D . &nbspfloating fund provision

The requirement of certain amount of issued bond that must be retired every year

Question

The requirement of certain amount of issued bond that must be retired every year is classified as

Options:

A . sinking fund provision

B . sinking fund premium

C . sinking fund discount

D . floating fund provision

Answer: Option A
Answer: (a).sinking fund provision

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