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Sheridan Pet Supply Company issued $430,000 of 8%,10-year bonds at 103 . Interest is paid annually, and the straight-line method is used for amortization. Assume

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Sheridan Pet Supply Company issued $430,000 of 8%,10-year bonds at 103 . 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 $

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