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If $972,000 of 6% bonds are issued at 102 1/2, what is the amount of cash received from the sale? Select the correct answer. $729,000

If $972,000 of 6% bonds are issued at 102 1/2, what is the amount of cash received from the sale? Select the correct answer. $729,000 $1,030,320 $972,000 $996,300

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