Agler railroad co is about to issue 400000 of 10-year

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Agler Railroad Co. is about to issue $400,000 of 10-year bonds paying a 9% interest rate, with interest payable semiannually. The discount rate for such securities is 10%. How much can Agler expect to receive for the sale of these bonds?

Reference no: EM13608520

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Agler railroad co is about to issue 400000 of 10-year : agler railroad co. is about to issue 400000 of 10-year bonds paying a 9 interest rate with interest payable

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