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How much must the firm remit each year for 10 years if the

1. If the bond has a sinking fund that requires the firm to set aside annually with a trustee sufficient funds to retire the entire issue at maturity, how much must the firm remit each year for 10 years if the funds earn 8 percent annually and there is $100 million outstanding?

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Financial Accounting: How much must the firm remit each year for 10 years if the

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