Econpapers: Imputed Yields Of A Sinking Fund Bond And The Time Period Structure Of Rates Of Interest
The obligation to periodically contribute to the fund can tie up capital that could be wanted for different crucial enterprise actions. It is important for an issuing firm to balance the attraction of decrease curiosity prices on a bond providing with the obligations of maintaining a sinking fund. A firm must weigh the advantages of … Baca Selengkapnya