Rhode Company is about to issue $4,000,000 of 5-year bonds, with a contract rate of...
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Rhode Company is about to issue $4,000,000 of 5-year bonds, with a contract rate of interest of 8%, payable semiannually. The discount rate for such securities is 10%. How much can Rhode expect to receive from the sale of these bonds?
please using the table to answer this question
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