Exhibit (16)
POWERS OF ATTORNEY
Each of the undersigned Trustees and/or officers of Value Line Core Bond Fund (formerly known as Value Line Aggressive Income Trust and referred to herein as the “Registrant”) acting individually hereby constitutes and appoints Mitchell E. Appel and Peter D. Lowenstein, and each of them, to be my true, sufficient and lawful attorneys, with full power to each of them and each of them acting singly, to sign for me, in my name and the capacities indicated below, the Registration Statement on Form N-14 of the Registrant related to the reorganization of the Registrant and Value Line U.S. Government Securities Fund, Inc., and any amendments, exhibits, or supplements thereto, and to file and/or withdraw the same, with all other documents in connection therewith, with the U.S. Securities and Exchange Commission, granting unto each said attorney-in-fact and agent full power and authority to do and perform each and every act and thing requisite and necessary to be done, as fully to all intents and purposes as I might or could do in person in my capacity as a Trustee and/or officer of the Registrant, hereby ratifying and confirming all that each said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof.
IN WITNESS WHEREOF, each of the undersigned has executed this Power of Attorney in the capacity indicated this 13th day of December, 2012.
/s/ Joyce E. Heinzerling | /s/ Francis C. Oakley | ||||||||
Joyce E. Heinzerling | Francis C. Oakley | ||||||||
Trustee | Trustee | ||||||||
/s/ David H. Porter | /s/ Paul Craig Roberts | ||||||||
David H. Porter | Paul Craig Roberts | ||||||||
Trustee | Trustee | ||||||||
/s/ Nancy-Beth Sheerr | /s/ Daniel S. Vandivort | ||||||||
Nancy-Beth Sheerr | Daniel S. Vandivort | ||||||||
Trustee | Trustee | ||||||||
/s/ Mitchell E. Appel | /s/ Emily D. Washington | ||||||||
Mitchell E. Appel | Emily D. Washington | ||||||||
Trustee, President and Chief Executive | Treasurer, Secretary and Chief Financial | ||||||||
Officer (Principal Executive Officer) | Officer |