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Current Attempt in Progress Cansat, a Crown corporation owned by the government, issued bonds to finance the construction of the next generation of observation satellites.

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Current Attempt in Progress Cansat, a Crown corporation owned by the government, issued bonds to finance the construction of the next generation of observation satellites. On January 1, 2020, Cansat issued 7%, 15-year bonds with a tace value of $196,000,000. The bonds will pay interest semi-annually on June 30 and December 31. (a) Calculate the amount of cash Cansat will receive if the bonds are sold under each of the following bond alternatives 1 7% (issued at par) fi. a price of 95.542 to yield 7.5% ili a premium in the amount of $9,310,000 and first interest expense of $6,672.575 Cash Received $ ii. $ ill. $

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