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Youve been hired in the finance department of a large solar firm that just raised $200 million in bonds that will mature in 10 years.

Youve been hired in the finance department of a large solar firm that just raised $200 million in bonds that will mature in 10 years. The CFO has asked you to calculate how much money the company should set aside to repay the principal ($200 million) that will be coming due in 10 years, assuming the discount rate is 5%. How much money must the company set aside at the end of each year for the next 10 years to be able to repay the bonds when they come due?

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