Question: Brief Exercise G-14 x Your answer is incorrect. Try again. Blossom Company is about to issue $250,000 of 6-year bonds paying an 8% interest rate,

Brief Exercise G-14 x Your answer is incorrect. Try again. Blossom Company is about to issue $250,000 of 6-year bonds paying an 8% interest rate, with interest payable semiannually. The discount rate for such securities is 8%. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) How much can Blossom expect to receive for the sale of these bonds? (Round answer to o decimal places, e.g. 2,575.) Blossom can expect to receive 287195 Click if you would like to Show Work for this question: Open Show Work
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