* Your answer is incorrect. Cullumber Railroad Co. is about to issue $286,000 of 9-year bonds paying an 12% interest rate, with interest payable annually. The discount rate for such securities is 8%. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) How much can Cullumber expect to receive for the sale of these bonds? (Round answer to O decimal places, e.g. 2,525.) Cullumber can expect to receive $ 160,223 eTextbook and Media Save for Later Using multiple attempts will impact your score. 10% score reduction after attempt 2 Attempts: 1 of 3 used Submit