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Compute the Total Cash Proceeds received by Our Corporation from the Following Bond Issuance; Our Business Issued 30,000 Bonds that had a Face Value of

Compute the Total Cash Proceeds received by Our Corporation from the Following Bond Issuance;

Our Business Issued 30,000 Bonds that had a Face Value of $1,000 Each, and a Face Rate of 6% to be paid Annually. The Bonds were issued at 104%.

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