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Gullumber Company is about to issue $510,000 of 10 -year bonds paying an 12% interest rate, with interest payable annually. The discount rate for such

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Gullumber Company is about to issue $510,000 of 10 -year bonds paying an 12% interest rate, with interest payable annually. The discount rate for such securities is 15%. Clickhere to view the factor table. (For calculation purposes, use 5 decimal ploces as disployed in the foctor tabie provided) In this case, how much can Cullumber expect to recelve from the sale of these bonds? (Round annwer to 0 decimol ploces, es.2.575. Cullumber can expect to receive $5

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