Question 6 View Policies Show Attempt History Current Attempt in Progress X Your answer is incorrect. Sandhill Co. is about to issue $360,000 of 8-year bonds paying an 8% interest rate, with interest payable annually. The discount rate for such securities is 12%. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) In this case, how much can Sandhill expect to receive from the sale of these bonds? (Round answer to 0 decimal places, e.g. 2,575.) Sandhill can expect to receive $ 316800