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Sandhill Corporation, having recently issued a $20,104,500, 15-year bond issue, is committed to make annual sinking fund deposits of $622,000. The deposits are made on
Sandhill Corporation, having recently issued a $20,104,500, 15-year bond issue, is committed to make annual sinking fund deposits of $622,000. The deposits are made on the last day of each year and yield return of 10%. Click here to view factor tables Determine the amount of deficiency. (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Deficiency $ Under the terms of his salary agreement, president Adams Walters has an option of receiving either an immediate bonus of $82,500, or a deferred bonus of $105,000 payable in 10 years. Click here to view factor tables Ignoring tax considerations and assuming a relevant interest rate of 4%, which form of settlement should Walters accept? Present value of deferred bonus al
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