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28. If a P1,000, 9 percent, 10-year bond was issued at 96 plus accrued interest one month after the authorization date, how much cash was

28. If a P1,000, 9 percent, 10-year bond was issued at 96 plus accrued interest one month after the authorization date, how much cash was received by the issuer? a. P967.50 b. P960.00 c. P1,007.50 d. P992.50

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