A $50,000 bond pays semi-annual coupons at j₂ = 8% is redeemable at 105 in 15 years.The bond carries a sinking fund provision requiring the issuer to make semi-annual deposits into a sinking fund.If the sinking fund earns j₂ = 6%,what is the semi-annual expense of this debt (i.e.this bond issue)?

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The Answer of A $50,000 bond pays semi-annual coupons at j₂ = 8% is redeemable at 105 in 15 years.The bond carries a sinking fund provision requiring the issuer to make semi-annual deposits into a sinking fund.If the sinking fund earns j₂ = 6%,what is the semi-annual expense of this debt (i.e.this bond issue)?

A $50,000 Bond Pays Semi-Annual Coupons at J2 = 8

A $50,000 Bond Pays Semi-Annual Coupons at J₂ = 8