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Examine the pros and cons of a sinking fund

Discuss the below in detail:

Examine the pros and cons of a sinking fund from the viewpoint of both a firm and its bondholders.

Determine the fundamental manner in which this knowledge could be helpful to a financial manager. Provide a rationale for your response

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Other Management: Examine the pros and cons of a sinking fund

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Other Management: Examine the pros and cons of a sinking fund

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