Question: Question 6 View Policies Current Attempt in Progress Sandhill Co. is about to issue $360,000 of 8-year bonds paying an 8% interest rate, with interest

 Question 6 View Policies Current Attempt in Progress Sandhill Co. is

Question 6 View Policies Current Attempt in Progress Sandhill Co. is about to issue $360,000 of 8-year bonds paying an 8% interest rate, with interest payable annually. The discount rate for such securities is 12%. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) In this case, how much can Sandhill expect to receive from the sale of these bonds? (Round answer to 0 decimal places, e.g. 2,575.) Sandhill can expect to receive $

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