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Coronado Railroad C o . is about to issue $ 3 1 4 , 0 0 0 of 1 0 - year bonds paying an
Coronado Railroad is about to issue $ of year bonds paying an interest rate, with interest payable annually. The discount rate for such securities is
Click here to view the factor tables.
How much can Coronado expect to receive for the sale of these bonds? For calculation purposes, use decimal places as displayed in the factor table provided,eg Round answer to decimal places, e
Coronado can expect to receive
$
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