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Question

Under Sinking Fund method, Sinking Fund or Debenture Redemption Fund of _______ the amount of present value of redemption amount of debentures is created out of profits every year.


A

None of the above

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B

Double

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C

Equal

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D

Half

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Solution

The correct option is C

Equal


Under this method, Sinking Fund or Debenture Redemption Fund of equal the amount of present value of redemption amount of debentures is created out of profits every year.


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