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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)
a. Pear, Inc,. issued $206,000 of a 10 year, 8 percent bonds at 102
b. Pear, Inc,. issued $125,000 of a 5 year, 12 percent bonds at 99
c. Pear, Inc,. issued $168,000 of a 5 year, 6 percent bonds at 102 1/4
d. Pear, Inc,. issued $70,000 of a 4 year, 8 percent bonds at 98
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