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Sonic Drive-Ins borrowed money by issuing $2,000,000 of 7% bonds payable at 94.5. Interest is paid semiannually. Requirements 1. How much cash did Sonic receive

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Sonic Drive-Ins borrowed money by issuing $2,000,000 of 7% bonds payable at 94.5. Interest is paid semiannually. Requirements 1. How much cash did Sonic receive when it issued the bonds payable? 2. How much must Sonic pay back at maturity? 3. How much cash interest will Sonic pay each six months

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