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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. wers
Compute the cash proceeds from bond issues under the following terms. For each case, indicate whether the bonds sold at a premium or discount.
wers to nearest dollar amount.) Cash Proceeds Discount or Premium a b Pear Inc issued $200,000 of 10 year, 8 percent bonds at 102 Apple, Inc. issued $102,000 of five year, 12 percent bonds at 98 Cherry Co issued $114 000 of five-year, 6 percent bonds at 102 1/4 Grape, Inc issued $34,000 of four-year, 8 percent bonds at 99 IC d
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