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Company issues $20,000,000 of 10 year, 9% bonds on March 1, 2015 at 97 plus accrued interest. The bonds are dated January 1, 2015, and

Company issues $20,000,000 of 10 year, 9% bonds on March 1, 2015 at 97 plus accrued interest. The bonds are dated January 1, 2015, and pay interest on June 30 and December 31. What is the total cash received on the issue date? lon Select one: O a. $19,400,000 O b. $19,850,000 c. $19,450,000 d. $19,700,000 ge Next page

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