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Swifty Corporation issues $5050000,8%,5-year bonds dated January 1,2020 on January 1,2020. The bond5 pay interest serniannually on June 30 and Decernber 31 . The bonds

Swifty Corporation issues $5050000,8%,5-year bonds dated January 1,2020 on January 1,2020. The bond5 pay interest serniannually on June 30 and Decernber 31 . The bonds are issued to yield 7%. What are the proceed 5 from the bond issue? $5258501 $5050000 $5260001 $5257686

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