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Question 3 Sunland Company is about to issue $ 251,800 of 8-year bonds paying an 9% interest rate, with interest payable semiannually. The discount rate
Question 3 Sunland Company is about to issue $ 251,800 of 8-year bonds paying an 9% interest rate, with interest payable semiannually. The discount rate for such securities is 10%. Click here to view the factor table. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) How much can Sunland expect to receive for the sale of these bonds? (Round answer to O decimal places, e-g. 2,575.) Sunland can expect to receive$
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