- CFA Exams
- CFA Level I Exam
- Topic 6. Fixed Income
- Learning Module 2. Fixed-Income Cash Flows and Types
- Subject 1. Fixed-Income Cash Flow Structures
CFA Practice Question
______ is an account into which periodic payments are made for the purpose of retiring a bond issue.
B. A debenture
C. A covenant
D. A call option
E. A sinking fund
A. An indenture
B. A debenture
C. A covenant
D. A call option
E. A sinking fund
Correct Answer: E
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