Brief Exercise A-14 * Your answer is incorrect. Try again. Dempsey Railroad Co. is about to issue $320,000 of 6-year bonds paying an 11% interest rate, with interest payable semiannually. The discount rate for such securities is 12%. Click here to view the factor table. In this case, how much can Dempsey expect to receive from the sale of these bonds? (Round answer to 0 decimal places, e.g. 2,525.) 306593