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Marigold Corp. is about to issue $274,000 of 10-year bonds paying an 10% interest rate,...

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Accounting

Marigold Corp. is about to issue $274,000 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 1. Table 2 Table 3 Table 4 How much can Marigold expect to receive for the sale of these bonds?

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