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Sepia Inc. issued bonds for $450,000 that were redeemable in 6 years. They established a...

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Finance

Sepia Inc. issued bonds for $450,000 that were redeemable in 6 years. They established a sinking fund that was earning 5.75% compounded semi-annually to pay back the principal of the bonds on maturity. Deposits were being made to the fund at the end of every 6 months.
a. Calculate the size of the periodic sinking fund deposit.
$0.00
Round your answer up to the next cent
b. Calculate the sinking fund balance at the end of the payment period 8.
$0.00
Round to the nearest cent
c. Calculate the interest earned in payment period 9.
$0.00
Round to the nearest cent
d. Calculate the amount by which the sinking fund increased in payment period 9.
$0.00
Round to the nearest cent

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