题目内容

For the issuer, a sinking fund arrangement is most similar to a（）

A. term maturity structure
B. serial maturity structure
C. bondholder put provision

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A. Demand deposits
B. Money market accounts
C. Negotiable certificates of deposit

A. offer lower yields
B. exhibit higher risk
C. benefit from lower growth prospects

A. the grey market
B. a shelf registration
C. a private placement

A. putable bond will trade at a higher price
B. callable bond will trade at a higher price
C. convertible bond will trade at a lower price