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Crane Company is about to issue $ 4 4 0 0 0 of 1 0 - year bonds paying an 9 % interest rate, with
Crane Company 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 table. For calculation purposes, use decimal places as displayed in the factor table provided. How much can Crane expect to receive for the sale of these bonds? Round answer to decimal places, eg Crane can expect to receive $
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