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If bonds with a face value of $100,000 are sold at 88, the amount of cash proceeds is: A.) $108,800 B.) $99.912 C.) $100,000 D.)
If bonds with a face value of $100,000 are sold at 88, the amount of cash proceeds is: A.) $108,800 B.) $99.912 C.) $100,000 D.) $88,000
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