Your answer is partially correct. Pronghorn Corporation, having recently issued a $20,134, 100, 15-year bond issue, is committed to make annual sinking fund deposits of $613,500. 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 $ Will funds be sufficient? e Textbook and Media Your answer is incorrect. Pronghorn Corporation, having recently issued a $20,134,100, 15-year bond issue, is committed to make annual sinking fund deposits of $613,500. 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, eg. 1.25124 and final answer to decimal places, eg. 458,581.) Deficiency $ e Textbook and Media . Your answer is partially correct. Under the terms of his salary agreement, president Steve Walters has an option of receiving either an immediate bonus of $66,000, or a deferred bonus of $84,000 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 $ Accept Bonus Now e Textbook and Media