... issue with a sinking fund matures in years, but the sinking fund is used to retire $ 250 ,000 of the issue in years, $ 250 ,000 in years, and another $ 250 ,000 in years You don’t know which bonds of the ... WHAT IS IT WORTH TO YOU? $ 25, 000 × 03 = $ 750 $ 25, 000 + $ 750 = $ 25, 750 The price now is a 10% decrease from face value: $ 25, 000 × 10 = $2 ,50 0 $ 25, 000 – $2 ,50 0 = $22 ,50 0 As you can see, a bond’s ... Stock Exchange In 1970, there were 361 mutual funds; in 2001, there were 8, 255 (2,188 of these were bond funds, and many more had some of their assets invested in bonds) In 19 95, investors had...