Question: Current Attempt in Progress x Your answer is incorrect. Marin Inc. issues $ 2 , 1 0 0 , 0 0 0 of 7 %

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x Your answer is incorrect.
Marin Inc. issues $2,100,000 of 7% bonds due in 10 years with interest payable at year-end. The current market rate of interest fc bonds of similar risk is 9%.
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What amount will Marin receive when it issues the bonds? (For calculation purposes, use 5 decimal places as displayed in the factor tab provided and final answer to 0 decimal places, e.g.458,581.)
 Current Attempt in Progress x Your answer is incorrect. Marin Inc.

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