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Compute the cash proceeds from bond issues under the following terms. For each case, indicate whether the bonds sold at a premium or discount. (Round

Compute the cash proceeds from bond issues under the following terms. For each case, indicate whether the bonds sold at a premium or discount. (Round your answers to nearest dollar amount.)

Pear, Inc. issued $160,000 of 10-year, 8% bonds at 102.

Apple, Inc. issued $107,000 of five-year, 12% bonds at 98

Cherry, Inc. issued $168,000 of fivel-year, 6% bonds at 102-1/4

Grape, Inc. issued $46,000 of four-year, 8% bonds at 98.

Cash Prem./disc. Pear _____ _______ Apple _____ _______ Cherry ______ _______ Grape ______ _______

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