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Posted on Jul 28, 2024

Carla Vista Company issues $ 2 9 8 0 0 0 0 0 of 1 0 - year, 9 % bonds on March 1 ,

Carla Vista Company issues $

29800000

10 -

year,

9 %

bonds on March

1, 2024

98

plus

accrued interest. The bonds are dated January

1, 2024,

and pay interest on June

30

and

December

31 .

What is the total cash received on the issue date?

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