Acct 200 App F: Homework IP Question 6 of 6 View Policies Show Attempt History

Current Attempt in Progress Your answer is incorrect. Oriole Railroad Co. is about to issue $274,000 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 Oriole expect to receive for the sale of these bonds? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to 0 decimal places, e.g. 2,525.) Present value of bonds $ Current Attempt in Progress Your answer is incorrect. Oriole Railroad Co. is about to issue $274,000 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 Oriole expect to receive for the sale of these bonds? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to 0 decimal places, e.g. 2,525.) Present value of bonds $