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Sunland Company is about to issue $464,000 of 10-year bonds paving an 11% interest rate with interest payable annually. The discount rate for such securities

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Sunland Company is about to issue $464,000 of 10-year bonds paving an 11% interest rate with interest payable annually. The discount rate for such securities is 10% Click here to view the factor tablet, (For calculation purposes, tase 5 decimal places as displayed in the factor table provided.) How much can Sunland wpect to receive for the sale of these bonds? (Round answer to decimal places, s. 2875.) Sunland can expect to receive S 463,990 Cullumber Company is considering an investment that will retum alump sum of 5942.000 3 years from now. Click here to view the factor table (For calculation purposes, es decimal places as displayed in the factor table provided) What amount should alumber Company pay for this investment to an 12%? (Round answer to 2 decimal places 25.25.) Lincoln Company should pay $ 6702646

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