Crane Organics Ltd. Has a number of commercial greenhouse operations in British Columbias Fraser Valley....
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Crane Organics Ltd Has a number of commercial greenhouse operations in British Columbias Fraser Valley. To finance the additional real estate and greenhouses necessary to meet the increasing demand for the companys products, the company decided to issue bonds. On January it issued fiveyear, semiannual bonds with a face value of $ The contract rate on the bonds was and the bonds were issued at to yield Interest payments are to be made each June and December
A Determine the proceeds on insurance of the bonds
Proceeds on insurance of the bonds $
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