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Blossom Company is about toyissue $263,200 of 8-year bonds paying an 11% interest rate, with interest payable semiannually. The discount rate for such securities is

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Blossom Company is about toyissue $263,200 of 8-year bonds paying an 11% interest rate, with interest payable semiannually. 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 Blossom expect to receive for the sale of these bonds? (Round answer to 0 decimal places, e.g. 2,575.) Blossom can expect to receive Click if you would like to Show Work for this question: Open Show Work Question Attempts: 0 of 3 used

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