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If $356,000 of 9% bonds are issued at 95, what is the amount of cash received from the sale? Select the correct answer. $323,960 $388,040

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If $356,000 of 9% bonds are issued at 95, what is the amount of cash received from the sale? Select the correct answer. $323,960 $388,040 $338,200 $356,000

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