Cash Proceeds Discount or Premium a. b. c. d. Pear, Inc. issued $158,000 of 10-year, 8 percent bonds at 103. Apple, Inc. issued $89,000 of five-year, 12 percent bonds at 98 Cherry Co. issued $194,000 of five-year, 6 percent bonds at 102 1/4. Grape, Inc. issued $48,000 of four-year, 8 percent bonds at 99