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Determining the Proceeds from Bond Issues Madison Corporation is authorized to issue $ 4 6 0 , 0 0 0 of 5 - year bonds
Determining the Proceeds from Bond Issues Madison Corporation is authorized to issue $ of year bonds dated June with a stated rate of interest of Interest on the bonds is payable semiannually, and the bonds are sold on June Required: Determine the proceeds that the company will receive if it sells the following: Click here to access the tables to use with this exercise and round your answers to two decimal places, if necessary. The bonds to yield $ The bonds to yield $
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