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Determine the cash proceeds from each bond issue: Issued $220,000 of 5-year, 8% bonds at 98. Issued $823,000 of 4-year, 9% bonds at 93. Issued
Determine the cash proceeds from each bond issue:
Issued $220,000 of 5-year, 8% bonds at 98.
Issued $823,000 of 4-year, 9% bonds at 93.
Issued $434,000 of 10-year, 8% bonds at 103.
Issued $134,000 of 5-year, 12% bonds at 104.
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