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On January 1, 2020, ABC Company issued $800,000 par value, 10 year, 7% bonds, with interest payable semiannually on June 30 and December 31. The

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On January 1, 2020, ABC Company issued $800,000 par value, 10 year, 7% bonds, with interest payable semiannually on June 30 and December 31. The market rate of interest on January 1, 2020 is 8% How much cash will ABC receive on the issue date of the bonds, January 1, 20207 Show then and the land show work. TTT Artel 3 (126) TEE 5.25

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