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TABLE 3 Present Value of 1 TABLE 4 Present Value of an Annuity of 1 Oriole Railroad Co. is about to issue $274,000 of 10
TABLE 3 Present Value of 1 TABLE 4 Present Value of an Annuity of 1 Oriole Railroad Co. is about to issue $274,000 of 10 -year bonds paying an 10% interest rate, with interest payable annually. The discount rate for such securities is 8%. Click here to view the factor table. How much can Oriole expect to receive for the sale of these bonds? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to 0 decimal places, e.g. 2,525.) Present value of bonds $ TABLE 3 Present Value of 1 TABLE 4 Present Value of an Annuity of 1 Oriole Railroad Co. is about to issue $274,000 of 10 -year bonds paying an 10% interest rate, with interest payable annually. The discount rate for such securities is 8%. Click here to view the factor table. How much can Oriole expect to receive for the sale of these bonds? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to 0 decimal places, e.g. 2,525.) Present value of bonds $
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