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Ivanhoe Company is about to issue $344,000 of b-year bonds paying an 11% interest rate, with interest payable annually. The discount rate for such securities

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Ivanhoe Company is about to issue $344,000 of b-year bonds paying an 11% interest rate, with interest payable annually. The discount rate for such securities is 10% Clickhere to view the factor table. (For colculation purposes, use 5 decimol places as displayed in the factor table provided.) How much can Ivanhoe expect to recelve for the sale of these bonds? (Round answer to O decimal places, es. 2,575.) Wanhoe can expect to recelve

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