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A company paid $28,800 plus a broker's fee of $300 to acquire 11% bonds with a $31,000 maturity value. The company intends to hold the
A company paid $28,800 plus a broker's fee of $300 to acquire 11% bonds with a $31,000 maturity value. The company intends to hold the bonds to maturity. The cash proceeds the company will receive when the bonds mature equal: 1.53 points Multiple Choice 00:57:17 $34,410. $31,000 $31,300 $28,800
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