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Current Attempt in Progress Your answer is incorrect. Carla Vista Railroad Co , is about to issue $ 2 6 6 , 0 0 0
Current Attempt in Progress
Your answer is incorrect.
Carla Vista Railroad Co 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 Carla Vista expect to receive for the sale of these bonds? Round answer to decimal places, eg
Carla Vista can expect to receive
$
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