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If $1,500,000 of 9% bonds are issued at 101 1/2, the amount of cash received from the sale is a. $1,635,000 b. $1,365,000 c. $1,027,500

If $1,500,000 of 9% bonds are issued at 101 1/2, the amount of cash received from the sale is a. $1,635,000 b. $1,365,000 c. $1,027,500 d. $1,522,500

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