4 pts Question 12 A firm must repay a bond issue in 10 years. The amount it will need to do so is $10,000,000. It is required to build a sinking fund to ensure repayment of the bond. (In its simplest form, which applies here, a sinking fund requires a firm to accumulate the amount needed to repay the bond by putting aside an equal amount each year, so that the accumulation of the investment funds (and interest) will be just sufficient to repay the bond.) Required: Assuming that the return on the sinking fund investment account will be 6%, what is the amount that must be paid into the sinking fund each year? HTML Editored A IEI 3 1 1* BIVA - P 2 NV V V 12pt Proctoris sharing your screen Stop sharing Paragraph ide