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What is the purpose of a decommissioning fund (“sinking” fund)? And, why does a lump sum...

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Finance

What is the purpose of a decommissioning fund (“sinking”fund)? And, why does a lump sum up front make more sense thandeducting a certain interest over the expected duration ofservice?

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What is the purpose of a decommissioning fund (“sinking”fund)? And, why does a lump sum up front make more sense thandeducting a certain interest over the expected duration ofservice?

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