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Carla Vista Co. is about to issue $315,300 of 10-year bonds paying an 10% interest rate, with interest payable semiannually. The discount rate for such
Carla Vista Co. is about to issue $315,300 of 10-year bonds paying an 10% interest rate, with interest payable semiannually. The discount rate for such securities is 12%. How much can Carla Vista expect to receive for the sale of these bonds? (Round answer to 0 decimal places, e.g. 2,525.) Carla Vista can expect to receive:____________
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