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Question Content Area If $1,134,000 of 11% bonds are issued at 102 1/2, the amount of cash received from the sale is a. $1,162,350 b.

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If $1,134,000 of 11% bonds are issued at 102 1/2, the amount of cash received from the sale is

a. $1,162,350

b. $1,258,740

c. $850,500

d. $1,134,000

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