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If $1,178,000 of 10% bonds are issued at 102 1/2, what is the amount of cash received from the sale? Select the correct answer. $1,178,000
If $1,178,000 of 10% bonds are issued at 102 1/2, what is the amount of cash received from the sale?
Select the correct answer.
$1,178,000
$883,500
$1,207,450
$1,295,800
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