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If $665,000 of 8% bonds are issued at 98, what is the amount of cash received from the sale? Select the correct answer. $665,000 $718,200

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If $665,000 of 8% bonds are issued at 98, what is the amount of cash received from the sale? Select the correct answer. $665,000 $718,200 $611,800 $651,700

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