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If $650,000 of 8% bonds are issued at 96, the amount of cash received from the sale is a. $650,000 b. $702,000 c. $624,000 d.
If $650,000 of 8% bonds are issued at 96, the amount of cash received from the sale is
a. $650,000
b. $702,000
c. $624,000
d. $598,000
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