Discuss the purpose of a sinking fund.
What will be an ideal response?
To ensure there is enough cash available at maturity to pay off the debt, a bond agreement may require the issuer to make regular payments into a sinking fund. Money deposited in the sinking fund is usually managed by an independent trustee who invests the funds until the bonds mature. At maturity, the funds and the proceeds from the investments are used to repay the bond debt.
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How are social media communities formed?
A. They are formed based on neighborhoods. B. They are formed based on mutual interests. C. They naturally occur. D. They are formed based on familial relationships. E. They are formed based on location.
Cross-sectional analysis involves the comparison of different firms' financial ratios at the same point in time
Indicate whether the statement is true or false
A hacker is someone who uses one computer to break into another.
Answer the following statement true (T) or false (F)
Under which of the following conditions is personal selling ideal for life insurance?
A. when mass communication provides an effective link with the target market B. when sales promotion is adequate to provide policy-related information needed by buyers C. when the selling margin is relatively low D. when the dispersion of customers cannot enable acceptable advertising economies E. when the final price of the policy is predetermined