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47) If bonds with $340,000 face value are issued at par, the cash proceeds are: A) $360,400 B) $340,000 C) $255,000 D) $342,040

47) If bonds with $340,000 face value are issued at par, the cash proceeds are: A) $360,400 B) $340,000 C) $255,000 D) $342,040

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