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Ivanhoe Company issue $ 1 9 3 0 0 0 0 0 of 1 0 - yea, 1 2 % bonds on March 1 ,

Ivanhoe Company issue $

19300000

10 -

yea,

12 %

bonds on March

1, 2024,

98

plus accrued interest. The bonds are dated January

1, 2024,

and pay interest on June

30

and December

31 .

What amount of cash is received on the issue date?

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