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Brief Exercise G-14 Ivanhoe Company is about to issue $325,000 of 8-year bonds paying an 12% interest rate, with interest payable semiannually. The discount rate

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Brief Exercise G-14 Ivanhoe Company is about to issue $325,000 of 8-year bonds paying an 12% 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 Ivanhoe expect to receive for the sale of these bonds? (Round answer to O decimal places, e.g. 2,575.) Ivanhoe can expect to receive

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