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x Your answer is incorrect. Try again. Pharoah Company is about to issue $430,000 of 7-year bonds paying an 12% interest rate, with interest payable
x Your answer is incorrect. Try again. Pharoah Company is about to issue $430,000 of 7-year bonds paying an 12% interest rate, with interest payable annually. The discount rate for such securities is 13%. 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 Pharoah expect to receive from the sale of these bonds? (Round answer to 0 decimal places, e.g. 2,575.) Pharoah can expect to receive 280076.458 Click if you would like to Show Work for this question: Open Show Work
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