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Basic Question 7 of 18
______ is an account into which periodic payments are made for the purpose of retiring a bond issue.
B. A debenture
C. A covenant
D. A call option
E. A sinking fund
A. An indenture
B. A debenture
C. A covenant
D. A call option
E. A sinking fund
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Learning Outcome Statements
describe common cash flow structures of fixed-income instruments
CFA® 2025 Level I Curriculum, Volume 4, Module 2.