t Answer On Dec. 1, a company issued $5,000,000 of 4%, 10-year bonds. The market interest rate on Dec. 1 was 4.25%. How much cash will the company receive from the bond issue? $5,000,000 More than $5,000,000 Less than $5,000,000 Cannot be determined from the information given.

On Dec. 1 , a company issued $5,000,000 of 4%,10-year bonds. The market interest rate on Dec. 1 was 4.25%. How much cash will the company receive from the bond issue? $5,000,000 More than $5,000,000 Less than $5,000,000 Cannot be determined from the information given