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To raise capital for construction of a building for company headquarters, Alberto Company issued $ 2 , 0 0 0 , 0 0 0 ,
To raise capital for construction of a building for company headquarters, Alberto Company issued $year bonds. Bond pays interest semiannually. The market interest rate on the issue date was What is expected cash proceeds from the issuance and sale of the bonds? What is the total interest expense on this bond?
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