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On April 1, 2019, Granville Corporation issued, at 98 plus accrued interest, 400 of its 10%, $1,000 bonds. The bonds are dated January 1, 2019,

On April 1, 2019, Granville Corporation issued, at 98 plus accrued interest, 400 of its 10%, $1,000 bonds. The bonds are dated January 1, 2019, and mature on December 31, 2025. Interest is payable semiannually on June 30 and December 31. From the bond issuance, Granville would realize net cash receipts of:

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