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If $ 1 , 0 7 5 , 0 0 0 of 8 % bonds are issued at 1 0 2 1 2 , the

If $1,075,000 of 8% bonds are issued at 10212, the amount of cash received from the sale is
a. $806,250
b. $1,161,000
c. $1,101,875
d. $1,075,000
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