Wildhorse Railroad Co$.$ is about to issue $$260,000$ of $10-$year bonds paying an $9\%$ interest rate, with interest payable annually. The discount rate for such securities is $10\%.$

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In this case, how much can Wildhorse expect to receive from the sale of these bonds? $($For calculation purposes, use $5$ decimal places as displayed in the factor table provided. Round answer to O decimal places, e$.$g$.2,525.)$

Present value of bonds