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If $1,028,000 of 7% bonds are issued at 102 1/2, the amount of cash received from the sale is a. $1,053,700 b. $1,099,960 c. $771,000

If $1,028,000 of 7% bonds are issued at 102 1/2, the amount of cash received from the sale is

a. $1,053,700

b. $1,099,960

c. $771,000

d. $1,028,000

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