What is the value (Cash Proceeds) of each of the following bond issues? (Round to the nearest

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What is the value (Cash Proceeds) of each of the following bond issues? (Round to the nearest Dollar)

a. 10% bonds of $1,000,000 sold on bond issue date: 10 - year life; interest payable semi annually; effective rate, 12%

Posted Date: Jun 28, 2024 12:17 AM

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What is the value (Cash Proceeds) of each of the following bond issues? (Round to the nearest

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