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A company paid $43,800 to acquire 7% bonds with a $46,000 maturity value. The company intends to hold the bonds to maturity. The cash proceeds
A company paid $43,800 to acquire 7% bonds with a $46,000 maturity value. The company intends to hold the bonds to maturity. The cash proceeds the company will receive when the bonds mature equal: Multiple Choice $44,475. $43,800.
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