A city wishes to finance the cost of a new sports arena through the issue of a $4 million, 20-year bond. The bond pays semi-annual interest at a rate of j2=5%. In addition to the interest payments, the city must also make semi-annual contributions to a sinking fund that will be used to repay the bond principal ($4 million) at the end of 20 years. The sinking fund will earn 12=3%. a) Calculate the semi-annual sinking fund deposit to 2 decimals: A b) Calculate the total periodic cost of debt to 2 decimals: ho A/