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Starlight Drive-lns borrowed money by issuing $2,500,000 of 8% bonds payable at 97.5. Requirements How much cash did Starlight receive when it issued the bonds

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Starlight Drive-lns borrowed money by issuing $2,500,000 of 8% bonds payable at 97.5. Requirements How much cash did Starlight receive when it issued the bonds payable? How much must Starlight pay back at maturity? How much cash interest will Starlight pay each six months? How much cash did Starlight receive when it issued the bonds payable? Starlight received $ when the bonds payable were issued How much must Starlight pay back at maturity? At maturity. Starlight must pay back $ How much cash interest will Starlight pay each six months? Starlight will pay interest of $ each six months

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