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If $1,008,000 of 6% bonds are issued at 102 1/2, what is the amount of cash received from the sale? Select the correct answer. $1,008,000

If $1,008,000 of 6% bonds are issued at 102 1/2, what is the amount of cash received from the sale? Select the correct answer. $1,008,000 $1,068,480 $1,033,200 $756,000

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