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Eddie Industries issues $947,000 of 8% bonds at 104. The amount of cash received from the sale is a.$1,022,760 b.$984,880 c.$918,590 d.$947,000

Eddie Industries issues $947,000 of 8% bonds at 104. The amount of cash received from the sale is

a.$1,022,760

b.$984,880

c.$918,590

d.$947,000

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