viterra inc enters into a long term debt of $10000000 with interest payable semi annually at 9.5% c.s.a. the principal payment is due to 8 years. it establishes a sinking fund to earn 8.75% c.s.s interest on semi annual deposits. what is the effective rate (in c.s.a) of financial this debt by this method

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To calculate the effective rate of financing this debt using the sinking fund method we need to find ... View the full answer