Question: i need the answer quickly Question 32 2 points) Listen A city wishes to finance the cost of a new sports arena through the issue

i need the answer quickly i need the answer quickly Question 32 2 points) Listen A city

Question 32 2 points) Listen A city wishes to finance the cost of a new sports arena through the issue of a $ million, 20-year bond. The bond pays semi-annual interest at a rate of 12-5% In addition to the interest payments, the city must also make semi-annual contributions to a sinking fund that will be used to repay the bond principal ($4 million) at the end of 20 years. The sinking fund will earn 32-3%. a) Calculate the semi-annual sinking fund deposit to 2 decimals: b) Calculate the total periodic cost of debt to 2 decimals: A Il Proctono is sharing your screen. Stop sharing Hide Question 32 2 points) Listen A city wishes to finance the cost of a new sports arena through the issue of a $ million, 20-year bond. The bond pays semi-annual interest at a rate of 12-5% In addition to the interest payments, the city must also make semi-annual contributions to a sinking fund that will be used to repay the bond principal ($4 million) at the end of 20 years. The sinking fund will earn 32-3%. a) Calculate the semi-annual sinking fund deposit to 2 decimals: b) Calculate the total periodic cost of debt to 2 decimals: A Il Proctono is sharing your screen. Stop sharing Hide

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