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I have posted before, but it says 377058 is wrong Dempsey...

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Accounting

I have posted before, but it says 377058 is wrong
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Dempsey Railroad Co. is about to issue $400,000 of 10-year bonds paying an 11% interest rate with interest payable annually. The discount rate for such securities is 12% Click here to view the factor table 1. Table 2 Table 3 Table 4 How much can Dempsey expect to receive from the sale of these bonds? (For calculation purposes, use 5 decimal places as displayed in the factor table provided, eg. 5.25471. Round answer to decimal places, eg. 2,525.) Dempsey can expect to receive $ 377058

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