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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 SAVE FOR LATER SUBMIT ANSWER 1 4 I 1.26532 1.34010 7 TABLE 1 Future Value of 1 (n) Periods 4% 5% 6% 79 0 1.00000 1.00000 1.00000 1.00000 1.04000 1.05000 1.06000 1.07000 2 1.08160 1.10250 1.12360 1.14490 3 1.12486 1.15763 1.19102 1.22504 1.16986 1.21551 1.26248 1.31080 5 1.21665 1.27628 1.33823 1.40255 6 1.41852 1.50073 1.31593 1.40710 1.50363 1.60578 8 1.36857 1.47746 1.59385 1.71819 9 1.42331 1.55133 1.68948 1.83846 10 1.48024 1.62889 1.79085 1.96715 11 1.53945 1.71034 1.89830 2.10485 12 1.60103 1.79586 2.01220 2.25219 13 1.66507 1.88565 2.13293 2.40985 14 1.73168 1.97993 2.26090 2.57853 15 1.80094 2.07893 2.39656 2.75903 16 1.87298 2.18287 2.54035 2.95216 17 1.94790 2.29202 2.69277 3.15882 18 2.02582 2.40662 2.85434 3.37993 19 2.10685 2.52695 3.02560 3.61653 20 2.19112 2.65330 3.20714 3.86968 8% 9% 10% 11% 12% 15% 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.08000 1.09000 1.10000 1.11000 1.12000 1.15000 1.16640 1.18810 1.21000 1.23210 1.25440 1.32250 1.25971 1.29503 1.33100 1.36763 1.40493 1.52088 1.36049 1.41158 1.46410 1.51807 1.57352 1.74901 1.46933 1.53862 1.61051 1.68506 1.76234 2.01136 1.58687 1.67710 1.77156 1.87041 1.97382 2.31306 1.71382 1.82804 1.94872 2.07616 2.21068 2.66002 1.85093 1.99256 2.14359 2.30454 2.47596 3.05902 1.99900 2.17189 2.35795 2.55803 2.77308 3.51788 2.15892 2.36736 2.59374 2.83942 3.10585 4.04556 2.33164 2.58043 2.85312 3.15176 3.47855 4.65239 2.51817 2.81267 3.13843 3.49845 3.89598 5.35025 2.71962 3.06581 3.45227 3.88328 4.36349 6.15279 2.93719 3.34173 3.79750 4.31044 4.88711 7.07571 3.17217 3.64248 4.17725 4.78459 5.47357 8.13706 3.42594 3.97031 4.59497 5.31089 6.13039 9.35762 3.70002 4.32763 5.05447 5.89509 6.86604 10.76126 3.99602 4.71712 5.55992 6.54355 7.68997 12.37545 4.31570 5.14166 6.11591 7.26334 8.61276 14.23177 4.66096 5.60441 6.72750 8.06231 9.64629 16.36654 TABLE 2 Future Value of an Annuity of 1 (11) Payments 5% 696 79 8% 994 10% 11% 129 15% 1.00000 1.00000 1.00000 1.0000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 2 2.04000 2.05000 2.06000 2.0700 2.08000 2.09000 2.10000 2.11000 2.12000 2.15000 3 3.12160 3.15250 3.18360 3.2149 3.24640 3.27810 3.31000 3.34210 3.37440 3.47250 4.24646 4.31013 4,37462 4.4399 4.50611 4.57313 4.64100 4.70973 4.77933 4.99338 5 5.41632 5.52563 5.637095.7507 5.86660 5.98471 6.10510 6.22780 6.35285 6.74238 6 6.63298 6.80191 6.97532 7.1533 7.33592 7.52334 7.71561 7.91286 8.11519 8.75374 7 7.89829 8.14201 8.39384 8.6540 8.92280 9.20044 9.48717 9.78327 10.08901 11.06680 9.21423 9.54911 9.89747 10.2598 10.63663 11.02847 11.43589 11.85943 12.29969 13.72682 9 10.58280 11.02656 11.49132 11.9780 12.48756 13.02104 13.57948 14.16397 14.77566 16.78584 10 12.00611 12.57789 13.18079 13.8164 14.48656 15.19293 15.93743 16.72201 17.54874 20.30372 13.48635 14.20679 14.97164 15.7836 16.64549 17.56029 18.53117 19.56143 20.65458 24.34928 12 15.02581 15.91713 16.86994 17.8885 18.97713 20.14072 21.38428 22.71319 24.13313 29.00167 13 16.62684 17.71298 18.88214 20.1406 21.49530 22.95339 24.52271 26,21164 28.02911 34.35192 14 18.29191 19.59863 21.01507 22.5505 24.21492 26.01919 27.97498 30.09492 32.39260 40 50471 15 20.02359 21.57856 23.27597 25.1290 27.15211 29.36092 31.77245 34.40536 37 27972 47.58041 16 21.82453 23.65749 25.67253 27.88813032428 33.00340 35.94973 39.18995 42.7532855.71747 17 23.69751 25.84037 28.21258 30.8402 33.75023 36.97351 40.54470 44,50084 48.88367 65.07509 18 25.64541 25.1323630.9056533.999037.45024 41.30134 45.59917 50.39593 55.7497275.83636 19 27.67123 30.5390033.7599937.3790 41.44626 46.01846 51.1590956.9.3949 63.4396888.21181 20 29.77808 33.06595 36.78559 10.0955 45.76196 51.16012 57.2750064.2021 7205244 102.44358 9% 10% 90909 82645 .75132 68301 62092 56447 51316 TABLE 3 Present Value of 1 (n) Periods 5% 96154 95238 2. .92456 -90703 3 88900 86384 4 .85480 .82270 5 .82193 .78353 6 .79031 .74622 7 .75992 71068 8 .73069 67684 9 .70259 64461 10 .67556 61391 11 64958 58468 12. .62460 55684 13 60057 53032 14 57748 50507 15 55526 48102 16 53391 45811 17 51337 43630 18 49363 41552 19 47464 39573 20 45639 37689 46651 6% 94340 .89000 83962 .79209 .74726 .70496 66506 62741 59190 55839 52679 .49697 .46884 44230 41727 39365 37136 35034 33051 31180 7% 0.93458 0.87344 0.81630 0.76290 0.71299 0.66634 0.62275 0.58201 0.54393 0.50835 047509 0.44401 041496 0.38782 0.36245 0.33873 031657 0.29586 0.27615 0.25842 8% .92593 .85734 .79383 .73503 68058 63017 58349 54027 50025 46319 42888 39711 36770 34046 31524 29189 27027 25025 23171 21455 .91743 .84168 .77218 70843 64993 59627 54703 50187 46043 42241 38753 35554 32618 29925 27454 25187 23107 21199 .19449 .17843 42410 38554 35049 .31863 28966 .26333 23939 21763 .19785 .17986 .16351 .14864 1156 90090 81162 .73119 .65873 59345 53464 48166 43393 39092 35218 .31728 28584 25751 23199 20900 .18829 .16963 .15282 .13768 .12403 12% 89286 .79719 .71178 63552 56743 50663 45235 40388 36061 32197 .28748 .25668 22917 20462 .18270 .16312 14564 .13004 .11611 .10367 15% 86957 75614 .65752 .57175 49718 43233 .37594 .32690 -28426 24719 21494 .18691 16253 .14133 .12289 .10687 .09293 08081 .07027 .06110 1 TABLE4 Present Value of an Annuity of 1 (n) Payments 5% 6% 7% .96154 95238 .94340 0.93458 2 1.88609 1.85941 1.83339 1.80802 3 2.77509 2.72325 2.67301 2.62432 4 3.62990 3.54595 3.46511 3.38721 5 4.45182 4.32948 4.21236 4.10020 6 5.24214 5.07569 4.91732 4.76654 7 6.00205 5.78637 5.58238 5.38929 8 6.73274 6.46321 6.20979 5.9713 9 743533 7.10782 6.80169 6.51523 10 8.11090 7.72173 7.36009 7.02358 8.76048 8.30641 7.88687 7.49867 12 9.38507 8.86325 8.38384 7.94269 13 9.98565 9.39357 8.85268 8.35765 14 10.56312 9.89864 9.29-198 8.74547 15 11.11839 10.37966 9.71225 9.10791 16 11.65230 10.83777 10.10590 9.44665 17 12.16567 11.27407 10.47726 9.76322 18 12.65930 11.68959 10.82760 10.05909 19 13.13394 12.08532 11.15812 1033560 20 13.59033 12.46221 11.46992 10.59401 8% .92593 1.78326 2.57710 3.31213 3.99271 4.62288 5.20637 5.74664 6.24689 6.71008 7.13896 7.53608 7.90378 8.24424 8.55948 8.85137 9.12164 9.37189 9.60360 9.81815 9% 10% 91743 90909 1.75911 1.73554 253130 248685 3.23972 3.16986 3.88965 3.79079 4.48592 4.35526 5.03295 4.86842 553482 5.33493 5.99525 5.75902 641766 6.14457 6.80519 6.49506 7.16073 6.81369 748690 7.10336 7.78615 7.36669 8.06069 760608 8.31256 7.82371 8.54363 8.02155 8.75563 8.20141 8.95012 8.36492 9.12855 8.51356 11% .90090 1.71252 2.44371 3.10245 3.69590 4.23054 4.71220 5.14612 5.53705 5.88923 6.20652 6.49236 6.74987 6.98187 7.19087 7.37916 7.54879 7.70162 7.83929 7.96333 12% 15% .89286 .86957 1.69005 1.62571 2.40183 2.28323 3.03735 2.85498 3.60478 3.35216 4.11141 3.78448 4.56376 4.16042 4.96764 4.48732 5.32825 4.77158 5.650225.01877 5.93770 5.23371 6.19437 5.42062 6,42355 5.58315 6.62817 5.72448 6.81086 5.84737 6.97399 5.95424 7.11963 604716 7.24967 6.12797 7.36578 6.19823 7.469414 6,25933

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