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Eddie Industries issues $980,000 of 8% bonds at 105. The amount of cash received from the sale is a.$980,000 b.$1,029,000 c.$950,600 d.$1,058,400

Eddie Industries issues $980,000 of 8% bonds at 105. The amount of cash received from the sale is

a.$980,000

b.$1,029,000

c.$950,600

d.$1,058,400

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