Question
a company issued 50 bonds of p1,000 face value each, redeemable at par at the ends of 15 years to accumulate the funds required for
a company issued 50 bonds of p1,000 face value each, redeemable at par at the ends of 15 years to accumulate the funds required for redemption, the firm establishes a sinking fund consisting of annual deposits, the interest rate being 4%. find the following
Redemption value?
Annual deposits? a. 2376 b. 2460 c. 2497 d. 2566 e. 2675
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A Textbook On Ordinary Differential Equations
Authors: Shair Ahmad, Antonio Ambrosetti
2nd Edition
3319164082, 9783319164083
