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Required Informetlon [The following Information applies to the quetions displayed below On April 1, year 1, Cricket Corporation Issues $38 million of 6%, 15-year bonds
Required Informetlon [The following Information applies to the quetions displayed below On April 1, year 1, Cricket Corporation Issues $38 million of 6%, 15-year bonds payable at par. Interest Part 1 of 2 on the bonds Is payable semlannually each Aprll 1 and October 1. 433 The amount of cash paid to bondholders for interest during Year 1,S Multiple Choice $2.280.000 $570,000. $1140,000 $1,710.000
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