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Question Content Area If $1,002,000 of 11% bonds are issued at 102 1/2, The amount of cash received from the sale is a. $1,027,050 b.

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If $1,002,000 of 11% bonds are issued at 102 1/2, The amount of cash received from the sale is

a. $1,027,050

b. $1,002,000

c. $1,112,220

d. $751,500

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