Compute the amount of cash a company will receive from the following bond issues: Cash Proceeds Bond
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Question:
Compute the amount of cash a company will receive from the following bond issues:
Cash Proceeds Bond Issue
(a) ______________ Issued $100,000 of 5-yr, 8% bonds at 98
(b) ______________ Issued $50,000 of 5-yr, 12% bonds at 103
(c) ______________ Issued $200,000 of 10-yr, 8% bonds at 102 1/2
(d) ______________ Issued $40,000 of 4-yr, 9% bonds at 100
Related Book For
Financial Accounting
ISBN: 978-0133427530
10th edition
Authors: Walter Harrison, Charles Horngren, William Thomas
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