Question: Current Attempt in Progress Ivanhoe Railroad Co. is about to issue $272.000 of 10 -year bonds paying an 10% interest rate. with interest payable annually,

Current Attempt in Progress Ivanhoe Railroad Co. is about to issue $272.000 of 10 -year bonds paying an 10% interest rate. with interest payable annually, The discount rate for such securities is 8% Click here to view the factor table. How much can Ivanhoe expect to rece've for the sale of these bonds? (For calculation purposes, use 5 decimol ploces as disployed in the foctor toble provided. Round onswer to O decimal places, e.s. 2,525. Present value of bonds

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