Blossom Company is about to issue $270,000 of 6-year bonds paying an 8% interest rate, with interest payable annually. The discount rate for such securities is 9%. 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 Blossom expect to receive from the sale of these bonds? (Round answer to O decimal places, e.g. 2,575.) Blossom can expect to receive $ 257,575

Blossom Company is about to issue $270,000 of 6 -year bonds paying an 8% interest rate, with interest payable annually. The discount rate for such securities is 9%. 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 Blossom expect to receive from the sale of these bonds? (Round answer to 0 decimal places, eg. 2.575.) Blossorn can expect to receive