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Required Compute the cash proceeds from bond issues under the following terms. For each case, indicate whether the bonds sold at a premium or discount.
Required Compute the cash proceeds from bond issues under the following terms. For each case, indicate whether the bonds sold at a premium or discount. (Round your answers to nearest dollar amount.) Discount or a. Pear, Inc. issued $237,000 of 10-year, 8 percent bonds at 102 Apple, Inc. issued S139,000 of five-year, 12 percent bonds at 98. c. Cherry Co. issued $150,000 of five-year, 6 percent bonds at 101 1/4 d. at 97 1 of 3E Next >
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