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Crane Railroad Co . is about to issue $ 3 3 4 , 0 0 0 of 1 0 - year bonds paying an 1

Crane Railroad Co. is about to issue $334,000 of 10-year bonds paying an 10% interest rate, with interest payable annually. The discount rate for such securities is 8%.
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How much can Crane expect to receive for the sale of these bonds? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to O decimal places, e.g.2,525.)

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