Ivanhoe Railroad Co. is about to issue $272,000 of 10 -year bonds paying an 10%...
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Ivanhoe Railroad Co. is about to issue $272,000 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 Ivanhoe 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 $ Crane Curtin borrowed $33,300 on July 1,2025 . This amount plus accrued interest at 8% compounded annually is to be repaid on July 1, 2030. Click here to view the factor table. How much will Crane have to repay on July 1, 2030? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to 2 decimal places, e.g. 25.25.) Amount to be repaid on July 1,2030$
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