Bosworth Corporation accepted a 5 year note receivable from Steel man Company on January 1, Year 1. The note is for $750,000, which will be due at the maturity of the note. The note has a stated interest rate of 10%; however the prevailing market interest rate is 12%. The note requires interest payments on June 30 and December 31. Refer to Bosworth Corporation. What will be the proceeds of the note receivable? A. $807, 913 B. $695 928 C. $694 799 D. $750,000