moralesalex5420 moralesalex5420
  • 12-01-2024
  • Business
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A shrinking fund is an account managed by a bond trustee for the sole purpose:

a, paying interest payments on a semi-annual basis
b, redeeming bonds early
c, repaying the face value at maturity
d, paying the expenses require to reissue outstanding bonds
e, paying the balloon payment" at maturity

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