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View Policies Current Attempt in Progress Ivanhoe Company issued 6%, 6-year, $270,000 par value bonds that pay interest annually on April 1. The bonds are

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Current Attempt in Progress

Ivanhoe Company issued 6%, 6-year, $270,000 par value bonds that pay interest annually on April 1. The bonds are dated April 1,

2022, and are issued on that date. The discount rate of interest for such bonds on April 1, 2022, is 8%.

what cash proceeds did Ivanhoe receive from insurance of the bonds?

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