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Superior Drive-ins borrowed money by issuing $6,000,000 of 4% bonds payable at 95.5 1. How much cash did superior receive when it issued the bonds

Superior Drive-ins borrowed money by issuing $6,000,000 of 4% bonds payable at 95.5

1. How much cash did superior receive when it issued the bonds payable?

2. How much must Superior pay back at maturity?

3. How much cash interest will Superior pay each six months?

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