Question: CALCULATOR PRINTER VERSION BACK NEXT Brief Exercise 6-15 Buffalo Inc. issues $2,095,300 of 8% bonds due in 11 years with interest payable at year-end. The

CALCULATOR PRINTER VERSION BACK NEXT Brief Exercise 6-15 Buffalo Inc. issues

CALCULATOR PRINTER VERSION BACK NEXT Brief Exercise 6-15 Buffalo Inc. issues $2,095,300 of 8% bonds due in 11 years with interest payable at year-end. The current market rate of interest for bonds of similar risk is 9%. Click here to view factor tables What amount will Buffalo receive when it issues the bonds? (Round factor values to 5 decimal places, e.g. 1.25124 and final answers to o decimal places, e.g. 458,581.) Amount received by Buffalo when bonds were issued

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