A bond sinking fund provision requires a firm to:

A. issue bonds every year to finance interest payment on bonds.
B. retire a portion of the bond issue each year.
C. increase the coupon rate by one percent every year.
D. use annual interest payments for the repayment of bonds.
E. gradually reduce the face value of debt to the level of market value of debt.


Answer: B

Business

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Team norms greatly influence the dynamics of the team, especially in two areas, ______ and ______.

What will be an ideal response?

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Fill in the blank(s) with the appropriate word(s).

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