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Wildhorse Inc. issues $2,095,300 of 8% bonds due in 11 years with interest payable at year-end. The current market rate of interest for bonds of
Wildhorse Inc. issues $2,095,300 of 8% bonds due in 11 years with interest payable at year-end. The current market rate of interest for bonds of similar risk is 9%.
What amount will Wildhorse receive when it issues the bonds
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