Question: Assume the same information as in BEG-9 except that the discount rate is 10% instead of 8%. In this case, how much can Trenton expect

Assume the same information as in BEG-9 except that the is 10% instead of 8%. In this case, how much can Trenton expect to receive from the sale of these bonds?
In BEG-9, Trenton Railroad Co. is about to issue $200,000 of 10-year bonds paying a 10% interest rate, with interest payable semiannually. The for such securities is 8%. How much can Trenton expect to receive for the sale of these bonds?

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