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É Safari File Edit View History Bookmarks Develop Window Help O * * *>) 100% SI Sun 9:34 AM 9 O = ... 0 O O O 8 9 I A edugen.wileyplus.com C P Brief Exorcise G-13 Dempsey Railroad Co. Is Abou... ... Can't Lose welght? 8 Tricks to instantly Lose Wolght + 0 & 0 | WileyPLUS L.12 AM Omunta venson (Back To ! 52 PM Wiley ITUS Weygandt, Financial & Managerial Accounting, 20 U Help / System Announcements (1 Unread) * PRINTER VERSION BACK NEXT ASSIGNMENT RESOURCES Ch 10 Assignment Brief Exercise G-14 Brief Exercise 10-9 Dempsey Railroad Co. is about to issue $304,000 of 6-year bonds paying an 8% interest rate, with interest payable semiannually. The discount rate for such securities is Brief Exercise 10-16 9%. A Brief Exercise 10-17 O Exercise 10-3 Click here to view the factor table. O Exercise 10-4 (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) DI Exercise 10-5 O Exercise 10-6 In this case, how much can Dempsey expect to receive from the sale of these bonds? (Round answer to o decimal places, e.g. 2,525.) A Exercise 10-10 O Exercise 10-13 Dempsey can expect to receives DI Exercise 10-16 A Brief Exercise G-13 Brief Exercise G-14 LINK TO TEXT 42 AM Review Score Review Results by Study Objective Question Attempts: Unlimited SAVE FOR LATER SUBMIT ANSWER Photos 909 ONI 26 IUS - 6 88 O ili 1 0 0 A O RW O U

Explanation / Answer

Principal 304,000 interest (304000*8%*1/2)= 12160 Bond issue price where n = 4.50%              t= 12 principal                304,000*.58966= 179257 interest                  12,160*9.11858= 110882 total bond issue price 290139 Dempsey can expect to receive 290139

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