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Question 17 of 20 - / 15 = View Policies Current Attempt in Progress Novak Company issued $390,000 of 8%, 10-year bonds at 104. Interest

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Question 17 of 20 - / 15 = View Policies Current Attempt in Progress Novak Company issued $390,000 of 8%, 10-year bonds at 104. Interest is paid annually, and the straight-line method is used for amortization. Assume that the market rate for similar investments is 7%, The bonds are issued on the date of the bonds. (a) What amount was received for the bonds? Amount received 5 Save for Later Attempts:0 of 1 used Submit Answer Type here to search 75F Haze

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