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1 Wildhorse Corporation, having recently issued a $20131600, 15-year bond issue, is committed to make annual sinking fund deposits of $622400 The deposits are made
1 Wildhorse Corporation, having recently issued a $20131600, 15-year bond issue, is committed to make annual sinking fund deposits of $622400 The deposits are made on the last day of each year and yield a return of 10% Click here to view factor tables Will the fund at the end of 15 years be sufficient to retire the bonds? Future value of an ordinary annuity S Will funds be sufficient? eTextbook and Media X Your answer is incorrect. Wildhorse Corporation, having recently issued a $20131600, 15-year bond issue, committed to make annual sinking fund deposits of $622400. The deposits are made on the last day of each year and yield a return of 10% Click here to view factor tables Determine the amount of deficiency. (Round factor values to 5 decimal places, es. 1.25124 and final answer to decimal places, es. 458.581.) Deficiency s
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