Question: Sheffield Inc. issues ( $ 1 , 9 0 0 , 0 0 0 ) of ( 7 %

Sheffield Inc. issues \(\$ 1,900,000\) of \(7\%\) bonds due in 10 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 Sheffield receive when it issues the bonds? (For calculation purposes, use 5 decimal places as displayed in the factor table provided and final answer to 0 decimal places, e.g.458,581.) Amount received by Sheffield when bonds were issued
Sheffield Inc. issues \ ( \ $ 1 , 9 0 0 , 0 0 0 \

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