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  3. if $827,000 of 11% bonds are issued at 102 1/2, th

If $827,000 of 11% bonds are issued at 102 1/2, the amount of cash received...

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Accounting

If $827,000 of 11% bonds are issued at 102 1/2, the amount of cash received from the sale is

a. $827,000

b. $847,675

c. $917,970

d. $620,250

Answer & Explanation Solved by verified expert
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