Sinking funds reduce the average life of a bond and thereby reduce the risk of a default.
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Q68: Affirmative covenants impose certain duties on the
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Q72: PIKs are
A)pay-in-kind bonds.
B)pay interest kicker bonds.
C)pay interest
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A)there are
Q77: Project finance requires a capital investment that
Q78: A loan guarantee provided by the government
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