Ivanhoe Railroad Co. is about to issue $256,000 of 8-year bonds paying discount rate for such securities is 12%. Click here to view the factor table. In this case, how much can Ivanhoe expect to receive from 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.) Present value of bonds $

Ivanhoe Railroad Ca is about to issue $256,000 of a Year oondes Clickhero to view the factor table. disployed in the foctor tabie provided. Round aniwer to 0 decinal ploces, es. 2.525. Present vilue of bonds