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If $475,000 of 7% bonds are issued at 96, the amount of cash received from the sale is Oa. $475,000 Ob. $441,750 Oc. $508,250 Od.

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If $475,000 of 7% bonds are issued at 96, the amount of cash received from the sale is Oa. $475,000 Ob. $441,750 Oc. $508,250 Od. $456,000

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