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Please explain how to get this answer. Marigold Inc. issues $2,600,000 of 7% bonds due in 10 years with interest payable at year-end. The current

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Marigold Inc. issues $2,600,000 of 7% bonds due in 10 years with interest payable at year-end. The current market rate of interest for bonds of similar risk is 12%. Click here to view factor tables What amount will Marigold receive when it issues the bonds? (For calculation purposes, use 5 decimal places as displayed in the factor table provided and final answer to O decimal places, e.g. 458,581.) Amount received by Marigold when bonds were issued 1.865,462

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